Updated Dec 19, 2023
Amy Kirsch Of Leading Edge Real Estate Represents Buyer In $1.08M Boston Multifamily Sale
7 Prescott Street, Boston, Massachusetts 02129, United States
$1,075,000
$568/SF
Building Size
1,890 SF
Asset Type
MultiFamily
Closing
Dec 27, 2021
About this deal
AI
A multifamily property located at 7 Prescott St in Boston, MA has been sold for a price of $1,075,000. The property spans 1,890 square feet, resulting in a price per square foot of $569.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,075,000
- Address: 7 Prescott St, Boston, MA
- Market: Boston, MA
Amy Kirsch from Leading Edge Real Estate represented the buyer in this transaction, while Viviane Alvarenga from Century 21 North East represented the seller.
The multifamily sale at 7 Prescott Street, Boston, Massachusetts 02129, United States in Boston, Massachusetts sold for $1.1M in 2021. The building is 1,890 square feet, implying about 568 per square foot on the published price. Viviane Alvarenga, Amy Kirsch, Leading Edge Real Estate, Century 21 appear on the sale alongside Leading Edge Real Estate, Century 21. This page is the Boston, Massachusetts file for the 7 Prescott Street, Boston, Massachusetts 02129, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 7 Prescott Street, Boston, Massachusetts 02129, United States around 2021. Published consideration for 7 Prescott Street, Boston, Massachusetts 02129, United States is $1.1M, dated 2021. Cite this Amy Kirsch Of Leading Edge Real Estate Represents Buyer In $1.08M Boston Multifamily Sale sale when underwriting similar multifamily product around Boston, Massachusetts.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93