Updated Sep 5, 2024
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
About this deal
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.
The multifamily sale at 649 East Broadway, Boston, MA, USA in Boston, Massachusetts sold for $1.1M in 2021. The building is 1,680 square feet, implying about 654 per square foot on the published price. Jackie Rooney, Rooney Real Estate appear on the sale alongside Rooney Real Estate. This page is the Boston, Massachusetts file for the 649 East Broadway, Boston, MA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 649 East Broadway, Boston, MA, USA around 2021. Published consideration for 649 East Broadway, Boston, MA, USA is $1.1M, dated 2021. Cite this Rooney Real Estate Acquires Multifamily Property In Boston For $1.1M sale when underwriting similar multifamily product around Boston, Massachusetts.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jackie Rooney to view all their deals.
Browse Massachusetts multifamily sales on Traded.
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