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65-67 Berkeley Street

South End Multifamily Sold For $3.7M With Buyer's Rep Rene Rodriguez & Seller's Rep Abbe Bonnevie
SOLDMultiFamily

South End Multifamily Sold For $3.7M With Buyer's Rep Rene Rodriguez & Seller's Rep Abbe Bonnevie

65-67 Berkeley Street

$3,700,800

$725/SF

Building Size

5,100 SF

Asset Type

MultiFamily

Closing

Sep 20, 2023

AI

A multifamily property located at 65-67 Berkeley Street in South End, MA, was sold for $3,700,800. The property spans 5,100 square feet, resulting in a price per square foot of $726.

Summary of transation details

The buyer's representative in this transaction was Rene Rodriguez from Cabot & Company, while the seller was represented by Abbe Bonnevie from Boston Proper Real Estate.

Players

Rene Rodriguez

Cabot & Company

Broker

$88.2M

vol

10 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

4.29%

Cash-on-Cash

-1.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93