Updated Dec 21, 2023
Coldwell Banker Realty - Back Bay Acquires Multifamily Property In Boston, MA For $1.6M
60-62 Walker St, Boston, MA, USA
$1,600,000
$696/SF
Building Size
2,298 SF
Asset Type
MultiFamily
Closing
Aug 17, 2021
About this deal
AI
A multifamily property located at 60-62 Walker St in Boston, MA was recently sold for $1,600,000. The property spans a total area of 2,298 square feet, resulting in a price per square foot of $696.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Date: 08/18/21
- Address: 60-62 Walker St, Boston, MA
- Market: Boston, MA
- Seller's Representative: Frank Celeste - Gibson Sotheby's International Realty
- Buyer's Representative: Dmitriy Khesin - Coldwell Banker Realty - Back Bay
- Square Footage: 2,298
- Price Per Square Foot: $696
The sale was facilitated by Frank Celeste from Gibson Sotheby's International Realty as the seller's representative, and Dmitriy Khesin from Coldwell Banker Realty - Back Bay as the buyer's representative.
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93