James Silva's At Home Real Estate Group, Inc. Sells Multifamily Property In Boston, MA For $1.03M With Buyer's Rep Charlie Fiore Of Compass
SOLD
$1,030,000
Massachusetts
See Similar DealsMultiFamily2,415 SF
Sold 03/16/2021
SOLD
James Silva's At Home Real Estate Group, Inc. Sells Multifamily Property In Boston, MA For $1.03M With Buyer's Rep Charlie Fiore Of Compass
6 Porter Street, Boston, Massachusetts, USA
See Similar DealsMultiFamily2,415 SF
Sold 03/16/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$426
Total Square Footage:2,415 SF
Transaction Type:Sale
The multifamily property located at 6 Porter Street in Boston, MA has been sold for a sale price of $1,030,000. The transaction took place on March 16, 2021. The property spans an area of 2,415 square feet, resulting in a price per square foot of $427.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,030,000
- Date: March 16, 2021
- Address: 6 Porter Street, Boston, MA
- Market: Boston, MA
- Property Square Footage: 2,415
- Price per Square Foot: $427
The seller's representative in this transaction was James Silva from At Home Real Estate Group, Inc. On the buyer's side, Charlie Fiore from Compass handled the deal.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$54,933.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,659.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,882.73
Annual Debt Service$58,592.71
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