Unlimited Sotheby's Intl Acquires Multifamily In Jamaica Plain For $2M
SOLD
$2,000,000
Massachusetts
See Similar DealsMultiFamily5,130 SF
Sold 08/18/2021
SOLD
Unlimited Sotheby's Intl Acquires Multifamily In Jamaica Plain For $2M
865 Centre St, Jamaica Plain, MA, USA
See Similar DealsMultiFamily5,130 SF
Sold 08/18/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$389
Total Square Footage:5,130 SF
Transaction Type:Sale
The multifamily property located at 865 Centre St in Jamaica Plain, MA was recently sold for $2,000,000. The property spans 5,130 square feet, resulting in a price per square foot of $390. The sale took place on 08/18/21 and was facilitated by Gioulianna Dimitri and Andrew Brilliant of Unlimited Sotheby's International Realty.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Square Footage: 5,130
- Price Per Square Foot: $390
- Address: 865 Centre St, Jamaica Plain, MA
- Market: Jamaica Plain, MA
The sale of this multifamily property was brokered by Gioulianna Dimitri and Andrew Brilliant from Unlimited Sotheby's International Realty. Their expertise played a crucial role in successfully closing the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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