Unlimited Sotheby's Intl Acquires Multifamily In Jamaica Plain For $2M
865 Centre St, Jamaica Plain, MA, USA
$2,000,000
$389/SF
Building Size
5,130 SF
Asset Type
MultiFamily
Closing
Aug 17, 2021
AI
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.
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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93