Updated Dec 4, 2024
Tad Mendes Of Gibson Sotheby's International Realty Represents Buyer In $1.235M Multifamily Sale In Boston
703 Hyde Park Avenue
$1,235,000
$363/SF
Building Size
3,402 SF
Asset Type
MultiFamily
Closing
Sep 13, 2024
About this deal
AI
A multifamily property located at 703 Hyde Park Avenue in Boston, MA, was sold for $1,235,000. The property encompasses 3,402 square feet, comprising two units with a price per unit of $617,500 and a price per square foot of $363.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,235,000
- Units: 2
- Square Footage: 3,402
- Price per Unit: $617,500
- Price per Square Foot: $363
- Buyer's Representative: Tad Mendes - Gibson Sotheby's International Realty
- Seller's Representative: Terrence Bell - Great Spaces Era
- Transaction Date: 09/13/2024
The transaction was facilitated by Tad Mendes representing the buyer and Terrence Bell representing the seller, showcasing their roles in successfully closing the deal.
Players
Roslindale 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
12.84%
Cash-on-Cash
-3.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93