Village Realty HM, LLC Sells Multifamily Property In Boston, MA For $1.05M
SOLD
$1,050,000
Massachusetts
See Similar DealsMultiFamily3,612 SF
Sold 07/01/2020
SOLD
Village Realty HM, LLC Sells Multifamily Property In Boston, MA For $1.05M
644 Adams Street, Boston, Massachusetts, USA
See Similar DealsMultiFamily3,612 SF
Sold 07/01/2020
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$290
Total Square Footage:3,612 SF
Transaction Type:Sale
The multifamily property located at 644 Adams Street in Boston, MA has been sold. The transaction took place on 07/01/2020. The property is comprised of 3,612 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 644 Adams Street
- Market: Boston, MA
The sale price for the property was $1,050,000, resulting in a price per square foot of $291.
The sale was facilitated by Doreen Heffron and Vito Bruno of Village Realty HM, LLC.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43
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