Elias Interiano Acquires Multifamily Property In East Boston, MA For $1.125M
80 Chelsea Street, East Boston, Boston, MA, USA
$1,125,000
$391/SF
Building Size
2,876 SF
Asset Type
MultiFamily
Closing
Jan 19, 2021
AI
An multifamily property located at 80 Chelsea Street in East Boston, MA was recently sold for a total price of $1,125,000. The property spans approximately 2,876 square feet, resulting in a price per square foot of $391. It consists of three units, with each unit being sold at an average price of $375,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,125,000
- Address: 80 Chelsea Street, East Boston, MA
- Market: East Boston, MA
Elias Interiano acted as the buyer in this transaction, while Marina Stepanuk and Vladimir Khaynovsky served as the sellers.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93