Andrew Gordon & Micol Mion Gordon Acquire Multifamily In Roxbury For $1.51M
SOLD
$1,510,000
Massachusetts
See Similar DealsMultiFamily29,880 SF
Sold 05/28/2020
SOLD
Andrew Gordon & Micol Mion Gordon Acquire Multifamily In Roxbury For $1.51M
6 Wigglesworth St, Boston, MA 02120, USA
See Similar DealsMultiFamily29,880 SF
Sold 05/28/2020
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$50
Total Square Footage:29,880 SF
Transaction Type:Sale
The multifamily property located at 6 Wigglesworth Street in Roxbury has been sold for a total price of $1,510,000. Spanning across 2,988 square feet, this property consists of 4 units, resulting in a price per unit of $377. The sale price per square foot is $505.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,510,000
- Address: 6 Wigglesworth Street
- Market: Roxbury
- Square Footage: 2,988
- Units: 4
- Price per Unit: $377
- Price per Square Foot: $505
The seller of the property was Victoria Holian, while the buyers were Andrew Gordon and Micol Mion Gordon, represented by Stratford Management.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$80,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,364.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,158.17
Annual Debt Service$85,898.04
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