Joe Castro Of Coldwell Banker Realty - South End Sells Multifamily Property In Boston, MA For $1,010,000
SOLD
$1,010,000
Massachusetts
See Similar DealsMultiFamily4,156 SF
Sold 12/22/2021
SOLD
Joe Castro Of Coldwell Banker Realty - South End Sells Multifamily Property In Boston, MA For $1,010,000
68 Greenwood Street, Dorchester, Massachusetts 02121, United States
See Similar DealsMultiFamily4,156 SF
Sold 12/22/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$243
Total Square Footage:4,156 SF
Transaction Type:Sale
A multifamily property located at 68 Greenwood St in Boston, MA has been sold for $1,010,000. The property encompasses a total area of 4,156 square feet, resulting in a price per square foot of $243.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,010,000
- Address: 68 Greenwood St, Boston, MA
- Market: Boston, MA
The buyer's representative in this transaction was Zhonghui Zhu from East West Real Estate, Llc. On the other hand, Joe Castro from Coldwell Banker Realty - South End represented the sellers. This successful deal took place on December 22, 2021.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,588.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,787.92
Annual Debt Service$57,454.98
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