OnePath LLC Sells Multifamily Property On Edson Terrace In Boston For $830,000
8 Edson Street, Boston, Massachusetts, USA
$830,000
$415/SF
Building Size
2,000 SF
Asset Type
MultiFamily
Closing
Feb 28, 2021
AI
The multifamily property located at 8 Edson Terrace in Boston, MA was recently sold in a transaction that took place on 03/01/2021. The property was sold by OnePath LLC. The selling price for the property was $830,000, slightly below the initial asking price of $839,000. The property spans across 2,000 square feet, resulting in a price per square foot of $415.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $830,000
- Address: 8 Edson Terrace, Boston, MA
- Market: Boston, MA
The brokers involved in the deal were Daniel Jeannite and Anthony Jean-Baptiste from MIG - Boston Trust Realty Group. They represented the seller, OnePath LLC, throughout the transaction.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
19.11%
Cash-on-Cash
-5.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93