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8-10 Oakland St, Roxbury, B...

Updated Dec 20, 2023

Katherine Wang Acquires Multifamily Property In Roxbury, MA From Zhiming Fan
SOLDMultiFamily

Katherine Wang Acquires Multifamily Property In Roxbury, MA From Zhiming Fan

8-10 Oakland St, Roxbury, Boston, MA, USA

$1,399,900

$373/SF

Building Size

3,744 SF

Asset Type

MultiFamily

Closing

Aug 24, 2021

About this deal

AI

The multifamily property located at 8-10 Oakland St in Roxbury, MA was recently sold in a closed transaction. The property consists of 3 units, with a total square footage of 3,744. The sale price for this transaction was $1,399,900, resulting in a per unit price of approximately $466,633. The price per square foot for this property was approximately $374.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,399,900
  • Address: 8-10 Oakland St, Roxbury, MA
  • Market: Roxbury, MA
  • Buyer: Katherine Wang
  • Seller: Zhiming Fan
  • Units: 3
  • Square Footage: 3,744

Katherine Wang was the buyer in this transaction, while Zhiming Fan served as the seller. The deal was successfully closed, facilitating the transfer of ownership for this multifamily property in Roxbury, MA.

Players

Zhiming Fan

Seller

$2.9M

vol

2 deals

Seller

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $373 per square foot on a published $1.4M for 3,744 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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