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7 Claxton Street, Boston, M...

Updated Sep 5, 2024

Keller Williams Realty Brokers Facilitate $1.25M Sale Of Boston Multifamily Property
SOLDMultiFamily

Keller Williams Realty Brokers Facilitate $1.25M Sale Of Boston Multifamily Property

7 Claxton Street, Boston, Massachusetts 02131, United States

$1,250,000

$306/SF

Building Size

4,080 SF

Asset Type

MultiFamily

Closing

Jan 19, 2022

About this deal

AI

A multifamily property located at 7 Claxton St in Boston, MA has been sold for a price of $1,250,000. The property consists of four units, with a price per unit of $312,500. The total area of the property is 4,080 square feet, resulting in a price per square foot of $306. This transaction took place on January 20, 2022.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,250,000
  • Units: 4
  • Price per Unit: $312,500
  • Square Footage: 4,080
  • Price per Square Foot: $306
  • Date: January 20, 2022
  • Market: Boston, MA

The buyer's representative in this transaction was Danny Zheng from Keller Williams Realty, while the seller's representative was Thomas Tsui, also from Keller Williams Realty.

Players

Danny Zheng

Keller Williams Realty

Broker

$27M

vol

19 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $306 per square foot on a published $1.3M for 4,080 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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