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74-76 Rockland Street, Roxb...

Radhy Pena's Pondside Brokers Sell Boston Multifamily For $1.9M
SOLDMultiFamily

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

Radhy Pena

Pondside Realty

Broker

$8.4M

vol

6 deals

Broker

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