Radhy A. Pena Acquires Multifamily Property In Boston For $1.42M With Seller's Rep Markese Daise
SOLD
$1,420,000
Massachusetts
See Similar DealsMultiFamily3,311 SF
Sold 01/20/2022
SOLD
Radhy A. Pena Acquires Multifamily Property In Boston For $1.42M With Seller's Rep Markese Daise
6 Linwood Street, Boston, Massachusetts 02136, United States
See Similar DealsMultiFamily3,311 SF
Sold 01/20/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$428
Total Square Footage:3,311 SF
Transaction Type:Sale
The multifamily property located at 6 Linwood St in Boston, MA has been sold for a total of $1,420,000. The property spans across 3,311 square feet, resulting in a price per square foot of $429. The sale took place on January 20, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,420,000
- Address: 6 Linwood St, Boston, MA
- Market: Boston, MA
- Square Footage: 3,311
- Price per Square Foot: $429
The buyer's representative in this transaction was Radhy A. Pena from Pondside Realty, while the seller was represented by Markese Daise from Boston Trust Realty Group.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$75,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,044.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,731.52
Annual Debt Service$80,778.29
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