Updated Sep 9, 2024
Century 21 North East Represents Buyer In $1.41M Sale Of Multifamily Property In Boston, MA
74 Barnes Avenue, Boston, Massachusetts, USA
$1,410,000
$393/SF
Building Size
3,586 SF
Asset Type
MultiFamily
Closing
Nov 16, 2021
About this deal
AI
The multifamily property located at 74 Barnes Ave in Boston, MA was recently sold for a price of $1,410,000. The property spans 3,586 square feet, resulting in a price per square foot of $393. The sale took place on November 16, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,410,000
- Address: 74 Barnes Ave, Boston, MA
- Square Footage: 3,586
- Price per Square Foot: $393
The buyer's representative in this transaction was Sandy Emmanouilidis from Century 21 North East, while the seller's representative was Yoni Haiminis from Compass. Both representatives played key roles in facilitating a successful deal. The transaction was captured by Yoni Haiminis in an image shared on Instagram.
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
11.25%
Cash-on-Cash
-3.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93