Jackie Rooney Team Acquires Multifamily Property On E 3rd St, Boston For $1.25M
596-598 E 3rd St, Boston, Massachusetts, USA
$1,249,000
$469/SF
Building Size
2,661 SF
Asset Type
MultiFamily
Closing
Apr 27, 2021
AI
The multifamily property located at 596-598 E 3rd St in Boston, MA has been sold for a price of $1,249,000. The property offers a total of 2,661 square feet of space, resulting in a price per square foot of $469.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,249,000
- Address: 596-598 E 3rd St, Boston, MA
- Market: Boston, MA
The sale was facilitated by the Jackie Rooney Team from Rooney Real Estate, LLC. Jackie Rooney and her team represented the parties involved in the transaction.
Players
South Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.70%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93