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644 Adams Street, Boston, M...

Village Realty HM, LLC Sells Multifamily Property In Boston, MA For $1.05M
SOLDMultiFamily

Village Realty HM, LLC Sells Multifamily Property In Boston, MA For $1.05M

644 Adams Street, Boston, Massachusetts, USA

$1,050,000

$290/SF

Building Size

3,612 SF

Asset Type

MultiFamily

Closing

Jun 30, 2020

AI

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.

Players

Doreen Heffron

Broker

$2.4M

vol

2 deals

Broker

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

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93