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62 Williams Street, Boston,...

Updated Sep 5, 2024

Boston Real Estate Group Acquires Multifamily Property On Williams St For $1.54M
SOLDMultiFamily

Boston Real Estate Group Acquires Multifamily Property On Williams St For $1.54M

62 Williams Street, Boston, Massachusetts 02130, United States

$1,545,000

$418/SF

Building Size

3,696 SF

Asset Type

MultiFamily

Closing

Apr 24, 2022

About this deal

AI

Located at 62 Williams St in Boston, MA, this recently closed property transaction involved a multifamily asset. The sale was completed on 04/25/2022, with a selling price of $1,545,000. The property spans 3,696 square feet, resulting in a price per square foot of $418.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $1,545,000
  • Date: 04/25/2022
  • Address: 62 Williams St, Boston, MA
  • Market: Boston, MA

The buyer in this transaction was represented by Boston Real Estate Group from Compass, while the seller was represented by Nathan Jenkins from Keller Williams Realty.

Players

Nathan Jenkins

Keller Williams Realty

Broker

$2.8M

vol

2 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $418 per square foot on a published $1.5M for 3,696 square feet (2022).

Visit Nathan Jenkins to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.27%

Cash-on-Cash

-2.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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