Boston Multifamily Sells For $2.15M With Buyer's Rep Alp Kantar & Seller's Rep Mission Realty Advisors
777 Columbia Road
$2,150,000
$485/SF
Building Size
4,428 SF
Asset Type
MultiFamily
Closing
Oct 30, 2023
AI
A multifamily property located at 777 Columbia Road in Boston, MA, has recently been sold for a total price of $2,150,000. The property spans approximately 4,428 square feet, resulting in a price per square foot of $486.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,150,000
- Square Feet: 4,428
- Price per Square Foot: $486
- Address: 777 Columbia Road, Boston, MA
- Market: Boston, MA
In this transaction, Alp Kantar of Boston Brokerage Group represented the buyer, while the seller was represented by Mission Realty Advisors of Compass.
Please note that the information provided above encompasses all the available details about the sale of the multifamily property located at 777 Columbia Road in Boston, MA.
Dorchester 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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93