The Quirk Group Acquires Multifamily Property In Boston, MA For $1.8M
797 East 4th Street, Boston, MA, USA
$1,800,000
$643/SF
Building Size
2,797 SF
Asset Type
MultiFamily
Closing
Feb 28, 2021
AI
A multifamily property located at 797 E 4th Street in Boston, MA has been sold for a price of $1,800,000. The transaction took place on March 1, 2021. The property spans across 2,797 square feet, resulting in a price per square foot of $644.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,800,000
- Address: 797 E 4th Street, Boston, MA
- Market: Boston, MA
Perry DiNatale, representing Perry DiNatale Realty, acted as the seller's representative in this transaction. The buyer's representative was The Quirk Group from Coldwell Banker Realty - Back Bay.
Players
South 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93