Updated Dec 21, 2023
Heather Carbone Acquires Multifamily Property In South Boston, MA For $1.66M
736 E 7th St, South Boston, Boston, MA, USA
$1,660,000
$533/SF
Building Size
3,114 SF
Asset Type
MultiFamily
Closing
Jun 17, 2021
About this deal
AI
The multifamily property located at 734-736 E 7th St in South Boston, MA has been sold in a transaction that took place on June 18, 2021. The property spans 3,114 square feet and was sold for a price of $1,660,000, resulting in a price per square foot of $533. The property consists of 3 units, with each unit being valued at $553,333.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,660,000
- Address: 734-736 E 7th St, South Boston, MA
- Market: South Boston, MA
- Square Footage: 3,114
- Price per Square Foot: $533
- Number of Units: 3
- Price per Unit: $553,333
The seller of the property is John E. McDonald Jr, while the buyer is Heather Carbone.
Players
South Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.56%
Cash-on-Cash
-2.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93