Thread Real Estate Acquires Multifamily Property In Boston For $1.2M
SOLD
$1,200,000
Massachusetts
See Similar DealsMultiFamily2,644 SF
Sold 01/05/2021
SOLD
Thread Real Estate Acquires Multifamily Property In Boston For $1.2M
78 Claymoss Road, Boston, Brighton, Massachusetts, USA
See Similar DealsMultiFamily2,644 SF
Sold 01/05/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$453
Total Square Footage:2,644 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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