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
- Property Type: Multifamily
- Transaction Amount: $3,700,800
- Address: 65-67 Berkeley Street
- Market: South End, MA
- Buyer's Rep: Rene Rodriguez - Cabot & Company
- Seller's Rep: Abbe Bonnevie - Boston Proper Real Estate
- Square Footage: 5,100
- Price Per Square Foot: $726
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
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