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865 Centre St, Jamaica Plai...

Unlimited Sotheby's Intl Acquires Multifamily In Jamaica Plain For $2M
SOLDMultiFamily

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

Andrew Brilliant

Sotheby's International Realty

Broker

$7.8M

vol

5 deals

Broker

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