Updated Sep 9, 2024
Scott McNeill's Compass Acquires Boston Multifamily For $1.33M
77 Saint Andrew Road, East Boston, Massachusetts 02128, United States
$1,330,000
$387/SF
Building Size
3,435 SF
Asset Type
MultiFamily
Closing
Apr 11, 2022
About this deal
AI
The multifamily property located at 77 Saint Andrew Rd in Boston, MA has been sold in a recent transaction. The property spans 3,435 square feet and was sold at a price of $1,330,000, resulting in a price per square foot (PPSF) of $387.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,330,000
- Square Footage: 3,435
- Price per Square Foot (PPSF): $387
- Address: 77 Saint Andrew Rd, Boston, MA
- Market: Boston, MA
The buyer's representative in this transaction was Scott McNeill from Compass, while the seller's representative was Maria from Anzalone Realty. Both parties played a crucial role in facilitating the successful sale of the property.
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
11.93%
Cash-on-Cash
-3.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93