Updated Dec 4, 2024
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
About this deal
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.
The multifamily sale at 77 Summit Street in Hyde Park, Massachusetts sold for $1.1M in 2023. The building is 4,567 square feet, implying about 235 per square foot on the published price. Chris Kostopoulos, Tan Nguyen, Keller Williams Realty, CRK Group appear on the sale alongside Keller Williams Realty, CRK Group. This page is the Hyde Park, Massachusetts file for the 77 Summit Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hyde Park sit in the Market section below. Filter that Hyde Park multifamily set by closing date to see what else sold near 77 Summit Street around 2023. Published consideration for 77 Summit Street is $1.1M, dated 2023. Cite this CRK Group Acquires $1.075M Multifamily Property In Boston, MA At 77 Summit Street sale when underwriting similar multifamily product around Hyde Park, Massachusetts.
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