Updated Dec 21, 2023
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
About this deal
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.
The multifamily sale at 6 Fayette Street, Boston, Massachusetts 02116, United States in Boston, Massachusetts sold for $1.6M in 2022. The building is 2,511 square feet, implying about 643 per square foot on the published price. Rene Rodriguez, Cabot & Company appear on the sale alongside Cabot & Company. This page is the Boston, Massachusetts file for the 6 Fayette Street, Boston, Massachusetts 02116, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 6 Fayette Street, Boston, Massachusetts 02116, United States around 2022. Published consideration for 6 Fayette Street, Boston, Massachusetts 02116, United States is $1.6M, dated 2022. Cite this Multifamily In Boston Sells For $1.6M With Broker Rene R. Rodriguez - Cabot & Company sale when underwriting similar multifamily product around Boston, Massachusetts.
On the Map
$1,615,000
$643/SF
MultiFamily
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Players
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
9.82%
Cash-on-Cash
-2.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93