Updated Dec 4, 2024
Multifamily Property In Jamaica Plain, MA Sells For $1.36M With Elizabeth Gibby-Homnick As Buyer's Rep
7-11 Ackley Place
$1,361,000
$421/SF
Building Size
3,233 SF
Asset Type
MultiFamily
Closing
Jan 5, 2024
About this deal
AI
A multifamily property at 7-11 Ackley Place in Jamaica Plain, MA, has been sold for $1,361,000. The property spans 3,233 square feet, resulting in a price per square foot of $421.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,361,000
Elizabeth Gibby-Homnick from The Charles Realty represented the buyer, while The Residential Group from William Raveis Real Estate handled the seller's representation for this transaction.
The multifamily sale at 7-11 Ackley Place in Jamaica Plain, Massachusetts sold for $1.4M in 2024. The building is 3,233 square feet, implying about 421 per square foot on the published price. Elizabeth Gibby-Homnick, The Charles Realty appear on the sale alongside The Charles Realty. This page is the Jamaica Plain, Massachusetts file for the 7-11 Ackley Place multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Jamaica Plain sit in the Market section below. Filter that Jamaica Plain multifamily set by closing date to see what else sold near 7-11 Ackley Place around 2024. Published consideration for 7-11 Ackley Place is $1.4M, dated 2024. Cite this Multifamily Property In Jamaica Plain, MA Sells For $1.36M With Elizabeth Gibby-Homnick As Buyer's Rep sale when underwriting similar multifamily product around Jamaica Plain, Massachusetts.
Jamaica Plain 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
11.66%
Cash-on-Cash
-3.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93