East West Real Estate Acquires Multifamily Property In Boston For $1.08M
SOLD
Massachusetts
See Similar DealsMultiFamily3,339 SF
Sold 10/01/2021
SOLD
East West Real Estate Acquires Multifamily Property In Boston For $1.08M
8 Mallard Ave, Boston, Massachusetts, USA
See Similar DealsMultiFamily3,339 SF
Sold 10/01/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$323
Total Square Footage:3,339 SF
Transaction Type:Sale
A multifamily property located at 8 Mallard Ave in Boston, MA recently changed hands in a sale transaction. The property spans 3,339 square feet and was sold for a total price of $1,080,000, resulting in a price per square foot of $323.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,080,000
- Square Footage: 3,339
- Address: 8 Mallard Ave, Boston, MA
- Market: Boston, MA
Zhonghui Zhu of East West Real Estate, LLC represented the buyer in the transaction, while Kianie Stewart of Redfin Corp. served as the seller's representative.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,600.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,837.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,119.75
Annual Debt Service$61,437.01
Is there something missing? Send suggestions