Updated Sep 5, 2024
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
About this deal
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.
On the Map
$1,249,000
$469/SF
MultiFamily
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Players
South 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
12.70%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93