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703 Hyde Park Avenue

Tad Mendes Of Gibson Sotheby's International Realty Represents Buyer In $1.235M Multifamily Sale In Boston
SOLDMultiFamily

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

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:

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

Terrence Bell

Great Spaces Era

Broker

$2.4M

vol

2 deals

Broker

Roslindale MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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