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
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.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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