Updated Dec 21, 2023
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
About this deal
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.
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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