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68 Day Street, Jamaica Plai...

Updated Dec 21, 2023

Barbara Wales Acquires Multifamily Property In Jamaica Plain, MA For $2.05M
SOLDMultiFamily

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

About this deal

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

Barbara Wales

Engel & Völkers

Broker

$10.9M

vol

4 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $506 per square foot on a published $2.1M for 4,050 square feet (2022).

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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

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