Updated Dec 20, 2023
Berkshire Hathaway HomeServices Acquires Multifamily Property In Boston For $1.025M
784 Centre Street, Boston, MA, USA
$1,025,000
$428/SF
Building Size
2,392 SF
Asset Type
MultiFamily
Closing
Nov 12, 2021
About this deal
AI
The multifamily property located at 784 Centre St in Boston, MA has been sold for a total of $1,025,000. The property spans 2,392 square feet, resulting in a price per square foot of $429. The sale took place on 11/12/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,025,000
- Address: 784 Centre St, Boston, MA
- Square Footage: 2,392
- Price per Square Foot: $429
- Market: Boston, MA
Michael Polinski, a representative from Berkshire Hathaway HomeServices Warren Residential, acted as the buyer's representative in this transaction. The seller was represented by the Ovesen Group from RE/MAX Unlimited.
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
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93