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Pondside Realty Facilitates $1.6M Sale Of Multifamily Property In Boston, MA

Property Image
SOLD
$1,600,000

Massachusetts

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MultiFamily5,712 SF
Sold 08/26/2021
the dealplayerscompscontact
Property Image
SOLD

Pondside Realty Facilitates $1.6M Sale Of Multifamily Property In Boston, MA

58 Greendale Rd, Mattapan, Boston, Mattapan, MA, USA

See Similar Deals
MultiFamily5,712 SF
Sold 08/26/2021
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$280
Total Square Footage:5,712 SF
Transaction Type:Sale

A multifamily property located at 58 Greendale Rd in Boston, MA has been sold for a price of $1,600,000. The property spans across 5,712 square feet, resulting in a price per square foot of $280.

Summary of transaction details

The deal was facilitated by Radhy Pena from Pondside Realty.

Players

Radhy Pena
Pondside Realty
Radhy Pena
6 deals$8.4M volume
BROKER

Details

SOLD
IMAGE: Radhy Pena DATE: 08/26/2021 ADDRESS: 58 Greendale Rd MARKET: Boston, MA ASSET TYPE: Multifamily BROKER: Radhy Pena - Pondside Realty SALE PRICE: $1,600,000 SF: 5,712 ~ PPSF: $280

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$85,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80