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756 Saratoga Street, Boston...

Pena Realty Corporation Acquires Multifamily Property In Boston, MA For $1.1M
SOLDMultiFamily

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

Kristi Gjikondi

Gjikondi Realty

Broker

$3.9M

vol

3 deals

Broker
Pena Realty Corporation
Pena Realty CorporationBrokerage

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

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93