Updated Oct 28, 2024
Norton Point Winchester Street Acquires Multifamily Property In Boston For $1.4M
60 Webster Street, Boston, Massachusetts 02128, United States
$1,387,000
$444/SF
Building Size
3,120 SF
Asset Type
MultiFamily
Closing
Mar 28, 2022
About this deal
AI
A multifamily property located at 60 Webster St in Boston, MA was recently sold for a price of $1,387,000. The property spans a total of 3,120 square feet, resulting in a price per square foot of $445.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,387,000
- Address: 60 Webster St, Boston, MA
- Market: Boston, MA
The buyer of this property is Norton Point Winchester Street, while the seller is Joshua Stasio. The sale was facilitated by Carleton Ashley of Compass.
On the Map
$1,387,000
$444/SF
MultiFamily
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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
11.44%
Cash-on-Cash
-3.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93