Jackie Rooney Team Acquires Multifamily Property On E 3rd St, Boston For $1.25M
SOLD
$1,249,000
Massachusetts
See Similar DealsMultiFamily2,661 SF
Sold 04/28/2021
SOLD
Jackie Rooney Team Acquires Multifamily Property On E 3rd St, Boston For $1.25M
596-598 E 3rd St, Boston, Massachusetts, USA
See Similar DealsMultiFamily2,661 SF
Sold 04/28/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$469
Total Square Footage:2,661 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,613.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,437.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,920.90
Annual Debt Service$71,050.77
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