Updated Oct 28, 2024
640 River St Multifamily Sold In Mattapan, MA For $1.49M To 640 Riv St Dev Llc
640 River St, Mattapan, Boston, MA, USA
$1,490,000
$273/SF
Building Size
5,448 SF
Asset Type
MultiFamily
Closing
Aug 2, 2021
About this deal
AI
A multifamily property located at 640 River St in Mattapan, MA has been sold. The property spans a total of 5,448 square feet and was sold for a price of $1,490,000, resulting in a price per square foot of $273.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,490,000
- Square Footage: 5,448
- Price per Square Foot: $273
- Address: 640 River St, Mattapan, MA
- Seller: Trinity Green Invs Llc
- Buyer: 640 Riv St Dev Llc
This transaction represents the sale of a multifamily property in Mattapan, MA. The seller, Trinity Green Invs Llc, sold the property to the buyer, 640 Riv St Dev Llc. Both parties were represented by their respective brokers in the deal.
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
10.65%
Cash-on-Cash
-3.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93