SOLDMultiFamily
Multifamily In Boston Sells For $1.6M With Broker Rene R. Rodriguez - Cabot & Company
6 Fayette Street, Boston, Massachusetts 02116, United States
$1,615,000
$643/SF
Building Size
2,511 SF
Asset Type
MultiFamily
Closing
Mar 14, 2022
AI
A multifamily property located at 6 Fayette St in Boston, MA was recently sold for $1,615,000. The property spans 2,511 square feet, resulting in a price per square foot of $643.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,615,000
- Address: 6 Fayette St, Boston, MA
- Market: Boston, MA
The sale was facilitated by Rene R. Rodriguez from Cabot & Company. Rene R. Rodriguez acted as the broker for the transaction.
Players
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
9.82%
Cash-on-Cash
-2.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93