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787 Columbia Road, Boston, ...

Updated Dec 18, 2023

Century 21 Cityside Sells Multifamily Property On Columbia Rd, Boston For $1.455M
SOLDMultiFamily

Century 21 Cityside Sells Multifamily Property On Columbia Rd, Boston For $1.455M

787 Columbia Road, Boston, Massachusetts 02125, United States

$1,455,000

$328/SF

Building Size

4,428 SF

Asset Type

MultiFamily

Closing

May 30, 2022

About this deal

AI

The multifamily property located at 787 Columbia Rd in Boston, MA has been sold. The transaction was facilitated by David Cahill from Century 21 Cityside. The property was sold for a total price of $1,455,000. The total square footage of the property is 4,428, resulting in a price per square foot of $329.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,455,000
  • Address: 787 Columbia Rd, Boston, MA
  • Square Footage: 4,428
  • Price Per Square Foot: $329
  • Broker: David Cahill - Century 21 Cityside

This sale represents a successful transaction in the Boston real estate market, with David Cahill of Century 21 Cityside representing the buyer or seller in the deal. The sale price of $1,455,000 reflects the value of the property, which offers 4,428 square feet of space. With a price per square foot of $329, this multifamily property presents a compelling investment opportunity in Boston's competitive market.

Players

David Cahill

Century 21

Broker

$1.5M

vol

1 deal

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $328 per square foot on a published $1.5M for 4,428 square feet (2022).

Visit Century 21 to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.90%

Cash-on-Cash

-3.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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