Perpetual Acquires Multifamily In Boston, MA For $3.6M
64 North Margin Street, Boston, Massachusetts 02113, United States
$3,605,000
$559/SF
Building Size
6,442 SF
Asset Type
MultiFamily
Closing
Sep 18, 2022
AI
The multifamily property located at 64 N Margin St in Boston, MA has been sold for a price of $3,605,000. The transaction took place on 09/19/2022. The property consists of 5 units, with a price per unit of $721,000. The total square footage of the property is 6,442, resulting in a price per square foot of $560.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,605,000
- Address: 64 N Margin St, Boston, MA
- Market: Boston, MA
- Units: 5
- PPU: $721,000
- SF: 6,442
- PPSF: $560
The buyer in this transaction was represented by Thomas Magloczki from Perpetual, while the seller was represented by Eric Shabshelowitz from Cabot & Company.
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
4.40%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93