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Alp Kantar Facilitates $1.55M Multifamily Sale At 6 Mission Street, Boston
SOLD
$1,550,000
Massachusetts
See Similar DealsMultiFamily2,212 SF
Sold 01/25/2024
SOLD
Alp Kantar Facilitates $1.55M Multifamily Sale At 6 Mission Street, Boston
6 Mission Street
See Similar DealsMultiFamily2,212 SF
Sold 01/25/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$700
Total Square Footage:2,212 SF
Transaction Type:Sale
A multifamily property located at 6 Mission Street in Boston was sold for $1,550,000. The property spans 2,212 square feet with a price per square foot of $701.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Address: 6 Mission Street
- Market: Boston, MA
- Broker: Alp Kantar - Boston Brokerage Group
The sale of this multifamily property was facilitated by Alp Kantar of the Boston Brokerage Group, showcasing his expertise in closing real estate transactions in the Boston market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$82,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49
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