Updated Nov 4, 2023
Multifamily Property In South Boston, MA Sells For $2.525M
744 E 8th StBoston, MA 02127, USA
$2,525,000
$814/SF
Building Size
3,100 SF
Asset Type
MultiFamily
Closing
Jul 21, 2023
About this deal
AI
On July 21, 2023, a multifamily property located at 744 E 8th St in South Boston, MA, was sold for $2.525 million. The property spans an area of 3,100 square feet and achieved a price per square foot of $815.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,525,000
- Address: 744 E 8th St, South Boston, MA
- Market: South Boston, MA
The buyer's representative in this deal was Perry DiNatale from Perry Dinatale Realty. On the other hand, the seller's representative was the Jackie Rooney Team from Rooney Real Estate, Llc.
On the Map
$2,525,000
$814/SF
MultiFamily
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Players
Coeur D Alene 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
6.28%
Cash-on-Cash
-1.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93