Updated Oct 28, 2024
Kenville Mercury Acquires Multifamily Property On Pontiac St, Roxbury Crossing For $1.5M
59 Pontiac Street, Boston, MA, USA
$1,500,000
$314/SF
Building Size
4,777 SF
Asset Type
MultiFamily
Closing
Mar 22, 2021
About this deal
AI
The multifamily property located at 59 Pontiac St in Roxbury Crossing, MA has been sold. The transaction took place on 03/23/2021. The property is comprised of 3 units, with a total square footage of 4,777. The sale price for this property was $1,500,000, resulting in a price per square foot of $314. The buyer of the property is Kenville Mercury, while the seller is Thomas Mcelhinney.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 59 Pontiac St, Roxbury Crossing, MA
- Square Footage: 4,777
- Price per Square Foot: $314
Kenville Mercury acquired this multifamily property from Thomas Mcelhinney. The transaction marks an important milestone in the real estate market in Roxbury Crossing, MA.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93