Updated Sep 9, 2024
Thread Real Estate Acquires Multifamily Property In Boston For $1.2M
78 Claymoss Road, Boston, Brighton, Massachusetts, USA
$1,200,000
$453/SF
Building Size
2,644 SF
Asset Type
MultiFamily
Closing
Jan 4, 2021
About this deal
AI
The multifamily property located at 78 Claymoss Road in Boston, MA has been sold for $1,200,000. The property spans a total of 2,644 square feet, resulting in a price per square foot of $454.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 78 Claymoss Road, Boston, MA
- Market: Boston, MA
The seller of the property was represented by Norman O'Grady from Prime Realty Group, Inc. On the other hand, Jenna Chen from Thread Real Estate, LLC acted as the buyer's representative in this transaction.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93