Groma Team Acquires Multi Family Property In Boston, MA For $2.4M
737 Parker Street, Roxbury, Massachusetts 02120, United States
$2,413,000
$750/SF
Building Size
3,217 SF
Asset Type
MultiFamily
Closing
Dec 19, 2021
AI
The multi-family property located at 737 Parker St in Boston, MA was recently sold for a total price of $2,413,000. The property spans 3,217 square feet, resulting in a price per square foot of $750. The sale took place on 12/20/2021.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $2,413,000
- Square Footage: 3,217
- Price Per Square Foot: $750
- Address: 737 Parker St, Boston, MA
- Market: Boston, MA
The buyer was represented by Groma Team from Groma Realty, LLC, while the seller was represented by Lenny Pierce from Jones Lang LaSalle New England, LLC.
Players
Roxbury Crossing 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
6.57%
Cash-on-Cash
-1.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93