Alp Kantar Acquires Multifamily Property On Massachusetts Ave For $2.55M
SOLD
$2,550,000
Massachusetts
See Similar DealsMultiFamily4,000 SF
Sold 07/19/2021
SOLD
Alp Kantar Acquires Multifamily Property On Massachusetts Ave For $2.55M
670 Massachusetts Ave, Boston, Massachusetts, USA
See Similar DealsMultiFamily4,000 SF
Sold 07/19/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$637
Total Square Footage:4,000 SF
Transaction Type:Sale
A multifamily property located at 670 Massachusetts Ave in Boston, MA has been sold for a price of $2,550,000. The property spans approximately 4,000 square feet and was sold at a price per square foot of $638.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,550,000
- Address: 670 Massachusetts Ave, Boston, MA
- Market: Boston, MA
The seller's representative for this transaction was Zhengnan Kang from Blue Ocean Realty, LLC. Alp Kantar from Boston Brokerage Group represented the buyer.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$136,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,059.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,088.30
Annual Debt Service$145,059.61
Is there something missing? Send suggestions