Pena Realty Corporation Acquires Multifamily Property In Boston, MA For $1.1M
756 Saratoga Street, Boston, Massachusetts 02128, United States
$1,100,000
$287/SF
Building Size
3,825 SF
Asset Type
MultiFamily
Closing
Feb 21, 2022
AI
The multifamily property located at 756 Saratoga St in Boston, MA was recently sold on February 22, 2022. The property spans 3,825 square feet and was sold at a price of $1,100,000, resulting in a price per square foot of $288.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Square Footage: 3,825
- Price per Square Foot: $288
- Address: 756 Saratoga St, Boston, MA
- Market: Boston, MA
The buyer in this transaction was represented by Kristi Gjikondi from Pena Realty Corporation. On the other hand, the seller was represented by the Charlesgate Realty Group Team from Charlesgate Realty Group, LLC.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93