CRK Group Acquires $1.075M Multifamily Property In Boston, MA At 77 Summit Street
77 Summit Street
$1,075,000
$235/SF
Building Size
4,567 SF
Asset Type
MultiFamily
Closing
Nov 22, 2023
AI
In Boston, MA, a multifamily property at 77 Summit Street has been sold for $1,075,000. The property spans a total of 4,567 square feet and has a price per square foot of $235.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,075,000
- Address: 77 Summit Street
- Market: Boston, MA
Tan Nguyen of CRK Group represented the buyer, while Chris Kostopoulos of Keller Williams Realty - Chestnut Hill served as the seller's representative in this transaction.
Players
Hyde Park 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
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93