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.
On the Map
$1,235,000
$363/SF
MultiFamily
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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