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
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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93