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8 Thurston Street

Updated Sep 9, 2024

Century 21 North East Acquires Multifamily Property In East Boston, MA For $1M
SOLDMultiFamily

Century 21 North East Acquires Multifamily Property In East Boston, MA For $1M

8 Thurston Street

$1,000,000

$318/SF

Building Size

3,140 SF

Asset Type

MultiFamily

Closing

Aug 18, 2023

About this deal

AI

A multi-family property located at 8 Thurston Street in East Boston, MA, was sold for $1,000,000. The property measures 3,140 square feet, resulting in a price per square foot of $318.

Summary of transaction details

Luis Tejada from Century 21 North East represented the buyer in this transaction, while Kat Glaropoulos from Compass represented the seller. The deal involved the transfer of a multi-family property in East Boston, MA.

Players

Kat Shea Glaropoulos

Compass

Broker

$1M

vol

1 deal

Broker

East Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $318 per square foot on a published $1M for 3,140 square feet (2023).

Visit Compass to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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