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77 Myrtle Street, Boston, M...

Updated Dec 21, 2023

Charles B Reichenbach & Katharine S Reichenbach Acquire Boston Apartment From Jan Voda For $3.5M
SOLDMultiFamily

Charles B Reichenbach & Katharine S Reichenbach Acquire Boston Apartment From Jan Voda For $3.5M

77 Myrtle Street, Boston, Massachusetts 02114, United States

$3,525,000

$1,194/SF

Building Size

2,951 SF

Asset Type

MultiFamily

Closing

Jun 13, 2022

About this deal

AI

The apartment located at 77 Myrtle St in Boston, MA was recently sold in a closed transaction. The property spans over 2,951 square feet and was sold for a total price of $3,525,000, resulting in a price per square foot of $1,194. The transaction took place on 06/14/2022.

Summary of transaction details

  • Property Type: Apartment
  • Transaction Amount: $3,525,000
  • Address: 77 Myrtle St, Boston, MA
  • Market: Boston, MA
  • Buyer: Charles B Reichenbach & Katharine S Reichenbach
  • Seller: Jan Voda

The buyers involved in this transaction are represented by their broker, Charles B Reichenbach & Katharine S Reichenbach. The seller, Jan Voda, completed the sale of the apartment to the buyers. This deal represents a significant transaction in the Boston, MA market.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.2K per square foot on a published $3.5M for 2,951 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.50%

Cash-on-Cash

-1.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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