Keller Williams Realty Acquires Multifamily Property In Boston, MA
805 East 5th Street, Boston, Massachusetts, USA
$1,120,000
$451/SF
Building Size
2,480 SF
Asset Type
MultiFamily
Closing
Feb 25, 2021
AI
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
South 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
14.16%
Cash-on-Cash
-4.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93