Multifamily Property In Roslindale, MA Sells For $1.2M With Vp Real Estate Team And Roberto Magno As Reps
6 Meyer Street
$1,212,000
$311/SF
Building Size
3,894 SF
Asset Type
MultiFamily
Closing
Sep 29, 2023
AI
A multifamily property located at 6 Meyer Street in Roslindale, Massachusetts, was recently sold. The property was sold for a total price of $1,212,000, with a price per square foot of $311. The property spans a total of 3,894 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,212,000
- Address: 6 Meyer Street, Roslindale, MA
- Market: Roslindale, MA
- Buyer's Rep: Vp Real Estate Team
- Seller's Rep: Roberto Magno - Castlearch Property Advisors
- Square Footage: 3,894
- Price per Square Foot: $311
The buyer in this transaction was represented by the Vp Real Estate Team, while the seller was represented by Roberto Magno from Castlearch Property Advisors. This sale is significant as it highlights the continued demand for multifamily properties in the Roslindale market.
Roslindale 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
13.09%
Cash-on-Cash
-3.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93