Updated Dec 21, 2023
Davant Scarborough Facilitates $1.28M Sale Of Multifamily Property On Antwerp St, Boston
85-87 Antwerp Street, Boston, MA, USA
$1,280,000
$431/SF
Building Size
2,964 SF
Asset Type
MultiFamily
Closing
Dec 3, 2021
About this deal
AI
Located at 85-87 Antwerp St in Boston, MA, this multifamily property was recently sold for a total price of $1,280,000. The transaction took place on 12/03/2021 and the property spans a total area of 2,964 square feet. With a price per square foot of $432, this property offers an attractive investment opportunity.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,280,000
- Square Footage: 2,964
- Address: 85-87 Antwerp St, Boston, MA
- Market: Boston, MA
Davant Scarborough of Leading Edge Real Estate represented the parties involved in this sale. As a trusted broker, Davant Scarborough played a crucial role in facilitating the transaction and ensuring a successful outcome for all parties.
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
12.39%
Cash-on-Cash
-3.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93