Ellis Realty Advisors Facilitates $2.6M Sale Of Multifamily Property In Boston, MA
6 Rosemary Street, Boston, Massachusetts 02130, United States
$2,600,000
$325/SF
Building Size
7,981 SF
Asset Type
MultiFamily
Closing
Dec 17, 2022
AI
Located in Boston, MA, the multifamily property at 6 Rosemary St has recently been sold. The transaction took place on 12/17/2021, with a sale price of $2,600,000. With a total area of 7,981 square feet, the property is valued at $326 per square foot.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $2,600,000
- Address: 6 Rosemary St
- Market: Boston, MA
Colin Moynihan of Ellis Realty Advisors represented the parties involved in the sale as the broker. The deal was successfully facilitated by Colin Moynihan, bringing together the buyer and the seller for an efficient 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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93