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6 King St, Boston, MA, USA

Boston Trust Realty Group Acquires Multifamily Property On 6 King St For $1.25M
SOLDMultiFamily

Boston Trust Realty Group Acquires Multifamily Property On 6 King St For $1.25M

6 King St, Boston, MA, USA

$1,250,000

$189/SF

Building Size

6,613 SF

Asset Type

MultiFamily

Closing

Sep 2, 2021

AI

A multifamily property located at 6 King St in Boston, MA has been sold for a price of $1,250,000. The property consists of 2 units, with a price per unit of $625,000. It spans a total area of 6,613 square feet, resulting in a price per square foot of $189.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,250,000
  • Units: 2
  • Price per Unit: $625,000
  • Square Footage: 6,613
  • Price per Square Foot: $189

The sale of this property was facilitated by Markese Daise from Boston Trust Realty Group. As the broker representing the deal, Markese played a crucial role in the transaction.

Players

Markese Daise

Stony Brook & Lennox Realty Advisors

Broker

$22.4M

vol

15 deals

Broker
Boston Trust Realty Group
Boston Trust Realty GroupBrokerage

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

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93