Keller Williams Realty Acquires Multifamily Property In Boston, MA
SOLD
$1,120,000
Massachusetts
See Similar DealsMultiFamily2,480 SF
Sold 02/26/2021
SOLD
Keller Williams Realty Acquires Multifamily Property In Boston, MA
805 East 5th Street, Boston, Massachusetts, USA
See Similar DealsMultiFamily2,480 SF
Sold 02/26/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$451
Total Square Footage:2,480 SF
Transaction Type:Sale
The multifamily property located at 805 E 5th Street in Boston, MA has been sold for $1,120,000. The property spans 2,480 square feet, resulting in a price per square foot of $452.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,120,000
- Market: Boston, MA
- Seller's Representative: Brian Kaplan - The Virtual Realty Group
- Buyer's Representative: Jerry Martin - Keller Williams Realty
Jerry Martin from Keller Williams Realty represented the buyer in this transaction, while Brian Kaplan from The Virtual Realty Group represented the seller. Both parties played a crucial role in the successful sale of the property.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$59,733.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,979.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,309.37
Annual Debt Service$63,712.46
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