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6 Rosemary Street, Boston, ...

Ellis Realty Advisors Facilitates $2.6M Sale Of Multifamily Property In Boston, MA
SOLDMultiFamily

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

Colin Moynihan

Broker

$9M

vol

2 deals

Broker

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