Felicia Captain & Christina Dinardi Sell Multifamily Property On Ridgemont Street In Boston, MA
SOLD
$1,080,000
Massachusetts
See Similar DealsMultiFamily2,910 SF
Sold 01/22/2021
SOLD
Felicia Captain & Christina Dinardi Sell Multifamily Property On Ridgemont Street In Boston, MA
34 Ridgemont Street, Boston, MA, USA
See Similar DealsMultiFamily2,910 SF
Sold 01/22/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$371
Total Square Footage:2,910 SF
Transaction Type:Sale
The multifamily property located at 34 Ridgemont Street in Boston, MA was recently sold on 01/22/2021. The property spans 2,910 square feet and was sold for a total price of $1,080,000, resulting in a price per square foot of $371.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,080,000
- Square Footage: 2,910
- Price per Square Foot: $371
- Address: 34 Ridgemont Street, Boston, MA
- Market: Boston, MA
Felicia Captain, representing Coldwell Banker Realty - Wellesley, acted as the seller's representative in this sale. The buyer was represented by Christina Dinardi from Keller Williams Realty Boston-Metro - Back Bay.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,600.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,837.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,119.75
Annual Debt Service$61,437.01
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