SOLDMultiFamily
Rooney Real Estate Acquires Multifamily Property In Boston For $1.1M
649 East Broadway, Boston, MA, USA
$1,100,000
$654/SF
Building Size
1,680 SF
Asset Type
MultiFamily
Closing
Mar 31, 2021
AI
A multifamily property located at 649 E Broadway in Boston, MA has been sold for $1,100,000. The property spans over an area of 1,680 square feet.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Date: 04/01/2021
- Address: 649 E Broadway, Boston, MA
- Market: Boston, MA
- Broker: Jackie Rooney Team - Rooney Real Estate, LLC
- SF: 1,680
- PPSF: $655
The sale was facilitated by the Jackie Rooney Team from Rooney Real Estate, LLC.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93