Updated Dec 21, 2023
April Celiz Acquires Multifamily Property In East Boston For $1.04M
720 Saratoga St, East Boston, Boston, MA, USA
$1,040,000
$361/SF
Building Size
2,877 SF
Asset Type
MultiFamily
Closing
Sep 19, 2021
About this deal
AI
An multifamily property located at 718-720 Saratoga St in East Boston, MA was recently sold in a transaction dated 09/20/2021. The property consists of 3 units with a total square footage of 2,877. The sale price for this property was $1,040,000, resulting in a per unit price of $346,667 and a price per square foot of $361.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,040,000
- Address: 718-720 Saratoga St, East Boston, MA
- Market: East Boston, MA
- Buyer: April Celiz
- Seller: Daniel Jacobson & Nathan Jacobson
- Units: 3
- Price Per Unit: $346,667
- Square Footage: 2,877
- Price Per Square Foot: $361
April Celiz was the buyer in this transaction, while Daniel Jacobson & Nathan Jacobson acted as the sellers.
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
15.25%
Cash-on-Cash
-4.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93