Updated Dec 21, 2023
Cue Realty Acquires Multifamily Property In Boston, MA For $1.1M
7-9 Nottingham Street, Boston, MA, USA
$1,100,000
$214/SF
Building Size
5,136 SF
Asset Type
MultiFamily
Closing
Apr 5, 2021
About this deal
AI
Herman Davis of Metro North Realty, LLC has successfully closed on the sale of a multifamily property located at 7-9 Nottingham Street in Boston, MA. The transaction took place on April 6, 2021.
Summary of transation details
- Property Type: Multifamily
- Sale Price: $1,100,000
- Square Footage: 5,136
- Price per Square Foot: $214
- Address: 7-9 Nottingham Street, Boston, MA
- Market: Boston, MA
In this deal, the seller's representative was Herman Davis from Metro North Realty, LLC, while the buyer's representative was Linda G. Champion from Cue Realty.
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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93