Eastern Elite Realty, LLC Acquires Multifamily Property On Falkland St, Boston For $1.15M
66 Falkland Street, Boston, Massachusetts 02135, United States
$1,150,000
$409/SF
Building Size
2,812 SF
Asset Type
MultiFamily
Closing
Dec 10, 2021
AI
Located at 66-68 Falkland St in Boston, MA, this multifamily property was recently sold in a closed transaction. The property spans over 2,812 square feet and boasts a sale price of $1,150,000, resulting in a price per square foot of $409. The sale was facilitated by Chris Kostopoulos Group from Keller Williams Realty, representing the seller, and Maggie Wong from Eastern Elite Realty, LLC, representing the buyer.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 66-68 Falkland St, Boston, MA
- Market: Boston, MA
- Square Footage: 2,812
- Price per Square Foot: $409
The seller's representative, Chris Kostopoulos Group from Keller Williams Realty, played a crucial role in finalizing the deal. On the other side, the buyer was represented by Maggie Wong from Eastern Elite Realty, LLC. Together, they ensured a smooth and successful transaction for both parties involved.
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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93