Updated Dec 21, 2023
Benjamin S. Tuck Acquires Multifamily Property In Roxbury For $1.63M
8 Rockledge St, Roxbury, Boston, MA, USA
$1,626,000
$369/SF
Building Size
4,407 SF
Asset Type
MultiFamily
Closing
Jul 1, 2021
About this deal
AI
The multifamily property located at 8 Rockledge St in Roxbury, MA has been sold for a total price of $1,626,000. The property spans across 4,407 square feet, resulting in a price per square foot of $369. This transaction involved the sale of 3 units, with an average price per unit of $542,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,626,000
- Square Footage: 4,407
- Price per Square Foot: $369
- Number of Units: 3
- Price per Unit: $542,000
The seller of the property was V. William Avanessian, while the buyer was Benjamin S. Tuck. These individuals played key roles in the successful completion of this transaction.
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
9.76%
Cash-on-Cash
-2.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93