Updated Oct 28, 2024
Abhimanyu Sarna Acquires Multifamily Property In East Boston, MA For $1.2M
79 Eutaw St, East Boston, Boston, Massachusetts, USA
$1,199,000
$362/SF
Building Size
3,306 SF
Asset Type
MultiFamily
Closing
Jun 29, 2021
About this deal
AI
A multifamily property located at 79 Eutaw St in East Boston, MA was recently sold for a total price of $1,199,000. The property offers a total square footage of 3,306, resulting in a price per square foot of $363. It consists of three units, with an average price per unit of $399,667.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,199,000
- Market: East Boston, MA
- Address: 79 Eutaw St
The buyer of the property is Abhimanyu Sarna. On the other hand, the seller is Rise Realty, represented by Lloyd Rosenthal and Daniel Jacobson. Debbie Adamidis from Keller Williams Realty Boston Metro served as the seller representative in this transaction. The buyer was represented by Leland Demeo.
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
13.23%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93