Updated Oct 28, 2024
22 Proctor Street LLC Acquires Multifamily Property In Boston For $1M
63 Havre Street, East Boston, Massachusetts 02128, United States
$1,000,000
$494/SF
Building Size
2,024 SF
Asset Type
MultiFamily
Closing
Apr 28, 2022
About this deal
AI
The multifamily property located at 63 Havre St in Boston, MA was recently sold for $1,000,000. The property spans a total of 2,024 square feet, resulting in a price per square foot of $494. The sale took place on April 29, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 63 Havre St, Boston, MA
- Market: Boston, MA
The buyer of the property was 22 Proctor Street LLC, while the seller was Jacobson Realty. The transaction was facilitated by Sara Pouladian and Dan Pouladian of North Shore Realty Advisors.
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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93