Barbara Wales Acquires Multifamily Property In Jamaica Plain, MA For $2.05M
68 Day Street, Jamaica Plain, Massachusetts 02130, United States
$2,050,000
$506/SF
Building Size
4,050 SF
Asset Type
MultiFamily
Closing
Aug 2, 2022
AI
An multifamily property located at 68 Day St in Jamaica Plain, MA was recently sold for a total price of $2,050,000. The property spans 4,050 square feet, with a price per square foot of $506. The transaction took place on 08/03/2022 and was facilitated by Barbara Wales from Engel & Volkers Newton Centre, representing the buyer, and The Residential Group from William Raveis Real Estate - Boston - South End, representing the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,050,000
- Address: 68 Day St, Jamaica Plain, MA
- Square Footage: 4,050
- Price per Square Foot: $506
- Date: 08/03/2022
- Market: Jamaica Plain, MA
- Buyer's Representative: Barbara Wales - Engel & Volkers Newton Centre
- Seller's Representative: The Residential Group - William Raveis Real Estate - Boston - South End
Barbara Wales from Engel & Volkers Newton Centre represented the buyer in this transaction, while The Residential Group from William Raveis Real Estate - Boston - South End represented the seller. These key individuals and companies played crucial roles in the successful completion of this multifamily property sale in Jamaica Plain, MA.
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
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93