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70 Rockland St, Boston, MA ...

Updated Dec 21, 2023

Second Hunter LLC Acquires Multifamily Property On 70 Rockland Street, Roxbury For $1.13M
SOLDMultiFamily

Second Hunter LLC Acquires Multifamily Property On 70 Rockland Street, Roxbury For $1.13M

70 Rockland St, Boston, MA 02119, USA

$1,130,000

$23/SF

Building Size

47,340 SF

Asset Type

MultiFamily

Closing

May 10, 2020

About this deal

AI

A multifamily property located at 70 Rockland Street in Roxbury has been sold for a transaction amount of $1,130,000. The property spans across 4,734 square feet, with a price per square foot of $238.70. The asset consists of three units, and the price per unit amounts to $376,666.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,130,000
  • Address: 70 Rockland Street, Roxbury
  • Square Footage: 4,734
  • Price per Square Foot: $238.70
  • Number of Units: 3
  • Price per Unit: $376,666

The seller of the property was Sava Kelesidis, while the buyer was Second Hunter LLC.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $23 per square foot on a published $1.1M for 47,340 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.04%

Cash-on-Cash

-4.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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