Updated Dec 21, 2023
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
About this deal
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.
On the Map
$2,413,000
$750/SF
MultiFamily
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Players
Roxbury Crossing 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
6.57%
Cash-on-Cash
-1.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93