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8 Greenley Pl, Jamaica Plai...

Updated Dec 21, 2023

Suria Bonilla-castro & Bailey Y Chang Acquire Multifamily Property In Jamaica Plain For $1.025M
SOLDMultiFamily

Suria Bonilla-castro & Bailey Y Chang Acquire Multifamily Property In Jamaica Plain For $1.025M

8 Greenley Pl, Jamaica Plain, Massachusetts, USA

$1,025,000

$436/SF

Building Size

2,346 SF

Asset Type

MultiFamily

Closing

Jan 19, 2021

About this deal

AI

Located in Jamaica Plain, MA, the multifamily property at 8 Greenley Pl recently changed hands in a sale transaction. The property, which encompasses 2,346 square feet, was sold for $1,025,000, resulting in a price per square foot of $420. The transaction took place on January 20, 2021, and involved Suria Bonilla-castro, Bailey Y Chang, and Michael Stone as the buyer and seller, respectively.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,025,000
  • Address: 8 Greenley Pl
  • Market: Jamaica Plain, MA
  • Buyer: Suria Bonilla-castro & Bailey Y Chang
  • Seller: Michael Stone
  • Square Footage: 2,346
  • Price per Square Foot: $420

Suria Bonilla-castro and Bailey Y Chang represented the buyer's side in the transaction.

Players

Jamaica Plain MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $436 per square foot on a published $1M for 2,346 square feet (2021).

Browse Massachusetts multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.48%

Cash-on-Cash

-4.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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