Updated Dec 21, 2023
Boston Peak Real Estate Facilitates $1.3M Sale Of Multifamily Property In Boston, MA
7 Priscilla Road, Boston, Massachusetts 02135, United States
$1,300,000
$377/SF
Building Size
3,445 SF
Asset Type
MultiFamily
Closing
Jan 7, 2022
About this deal
AI
Located at 7 Priscilla Rd in Boston, MA, this multifamily property was recently sold on January 7, 2022. The property offers a total of 3,445 square feet of space, with a price per square foot of $377. The sale price for this transaction was $1,300,000. Zee Mah from Boston Peak Real Estate served as the broker representing this deal.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 7 Priscilla Rd, Boston, MA
- Market: Boston, MA
- Square Footage: 3,445
- Price per Square Foot: $377
- Broker: Zee Mah - Boston Peak Real Estate
This transaction showcases the collaboration between the buyer, seller, and their respective representatives. It highlights the successful negotiation and agreement made by all parties involved. The sale of this multifamily property demonstrates the robust real estate market in the Boston, MA area, attracting both investors and buyers.
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93