Radhy Pena's Pondside Brokers Sell Boston Multifamily For $1.9M
74-76 Rockland Street, Roxbury, Massachusetts 02119, United States
$1,900,000
$311/SF
Building Size
6,099 SF
Asset Type
MultiFamily
Closing
Jan 14, 2022
AI
The multifamily property located at 74-76 Rockland in Boston, MA was recently sold for $1,900,000. The sale was facilitated by broker Radhy Pena from the Pondside agency. The property spans a total of 6,099 square feet, resulting in a price per square foot of $312.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,900,000
- Square Footage: 6,099
- Price per Square Foot: $312
- Address: 74-76 Rockland, Boston, MA
- Market: Boston, MA
The broker representing the transaction was Radhy Pena from the Pondside agency. Their expertise and negotiation skills played a crucial role in the successful sale of this multifamily property.
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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93