Updated Dec 20, 2023
Christopher Howard's Salt Marsh Realty Group Sells Multifamily Property For $1.25M On 8 Glenside Ave, Boston
8 Glenside Avenue, Boston, Jamaica Plain, Massachusetts, USA
$1,250,000
$327/SF
Building Size
3,822 SF
Asset Type
MultiFamily
Closing
Mar 22, 2021
About this deal
AI
The multifamily property located at 8 Glenside Avenue in Boston, MA has been sold for a price of $1,250,000. The transaction took place on March 23, 2021. The property spans across 3,822 square feet and was sold at a price per square foot of $327. The sale was facilitated by broker Christopher Howard from Salt Marsh Realty Group.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Address: 8 Glenside Avenue, Boston, MA
- Market: Boston, MA
- Square Footage: 3,822 SF
- Price per Square Foot: $327
- Broker: Christopher Howard - Salt Marsh Realty Group
Christopher Howard from Salt Marsh Realty Group played a vital role as the broker in this transaction. His expertise and negotiation skills contributed to the successful sale of the multifamily property at 8 Glenside Avenue. The buyer and seller, as well as any other significant parties, were not mentioned in the available information.
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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93