Multifamily Property At 6-8 Charlesview Street Sold For $1.5M In Boston By Tenzin Tsarong
6-8 Charlesview Street
$1,500,000
$390/SF
Building Size
3,840 SF
Asset Type
MultiFamily
Closing
Aug 5, 2024
AI
The property at 6-8 Charlesview Street, Boston, is a multifamily home that has been renovated and features large rooms with high ceilings and hardwood floors. It has a high-ceilinged above-ground basement, a small vineyard, and ample parking available. The property sold for a price of $1,500,000 and includes three units. The total square footage of the asset is 3,840, equating to a price per unit of $500,000 and a price per square foot of $391.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 6-8 Charlesview Street
- Market: Boston, MA
- Units: 3
- Square Feet: 3,840
- Price Per Unit: $500,000
- Price Per Square Foot: $391
Tenzin Tsarong from Coldwell Banker represented the transaction, facilitating the sale of this property in the Oak Square, Brighton area. The representation highlights the involvement of established brokerage expertise in the specifics of the deal.
Players
Brighton 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