Updated Dec 21, 2023
Mike Tokatlyan Acquires Multifamily Property In Jamaica Plain, MA For $1.3M
58 Carolina Ave, Jamaica Plain, Massachusetts, USA
$1,300,000
$340/SF
Building Size
3,822 SF
Asset Type
MultiFamily
Closing
May 3, 2021
About this deal
AI
The multifamily property located at 58 Carolina Ave in Jamaica Plain, MA has been sold. The property spans 3,822 square feet and was sold for a total price of $1,300,000, resulting in a price per square foot of $340.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Square Footage: 3,822
- Price Per Square Foot: $340
- Market: Jamaica Plain, MA
Paulette A. Sbardella was the seller of the property, while Mike Tokatlyan acted as the buyer in this transaction.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Boston multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93