Updated Dec 4, 2024
Thomas Falcucci Acquires Multifamily Property In Roslindale, MA For $1M
79 Robert St, Roslindale, Boston, MA, USA
$1,000,000
$278/SF
Building Size
3,593 SF
Asset Type
MultiFamily
Closing
Sep 1, 2021
About this deal
AI
Located at 79 Robert St in Roslindale, MA, this recently closed multifamily property transaction offers a glimpse into the vibrant real estate market in the area. The property, consisting of 3 units, spans a total square footage of 3,593. The sale price for this multifamily asset was $1,000,000, translating to an average price per unit of $333,333 and a price per square foot of $278.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 79 Robert St, Roslindale, MA
- Market: Roslindale, MA
- Buyer: Thomas Falcucci
- Seller: Mary C. Conley
In this deal, Thomas Falcucci emerged as the buyer, while Mary C. Conley served as the seller. The transaction showcases the confidence buyers have in the Roslindale market and the opportunities it presents for investment. With its attractive price per unit and price per square foot, this multifamily property offers a promising addition to Thomas Falcucci's real estate portfolio.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93