Updated Sep 5, 2024
Brian Flynn Team Sells Multifamily Property In Boston For $1.1M
862 Washington Street, Boston, Massachusetts 02124, United States
$1,100,000
$296/SF
Building Size
3,714 SF
Asset Type
MultiFamily
Closing
Apr 25, 2022
About this deal
AI
The multifamily property located at 862 Washington St in Boston, MA has been sold for $1,100,000. The property spans a total area of 3,714 square feet, resulting in a price per square foot of $296.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 862 Washington St, Boston, MA
- Market: Boston, MA
The buyer's representative in this transaction was Jose Brandao of Brandao Properties, while the seller's representative was the Brian Flynn Team from Keller Williams Realty Evolution.
Players
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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93