J & J Companies, Inc Acquires Multi Family Property In Boston, MA For $615K
81 Ellington Street
$615,000
$212/SF
Building Size
2,900 SF
Asset Type
MultiFamily
Closing
Aug 30, 2022
AI
The multi-family property located at 81 Ellington St in Boston, MA has been sold. The property has a total of 3 units, with a price per unit of $205,000. The total square footage of the property is 2,900, making the price per square foot $212. The sale price for this transaction was $615,000.
Summary of transation details
- Property Type: Multi Family
- Transaction Amount: $615,000
- Units: 3
- Price Per Unit: $205,000
- Square Footage: 2,900
- Price Per Square Foot: $212
- Address: 81 Ellington St, Boston, MA
- Buyer: J & J Companies, Inc - Heidy Barreiro
- Seller: Whitlow Family
The buyer for this transaction is J & J Companies, Inc, represented by Heidy Barreiro. The seller is the Whitlow Family.
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
25.79%
Cash-on-Cash
-7.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93