Updated Dec 21, 2023
Cappuccio Realty Group Sells Multifamily Property In Boston, MA For $2.3M
87-89 Liverpool Street, Boston, MA, USA
$2,300,000
$383/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
Mar 31, 2021
About this deal
AI
A multifamily property located at 87-93 Liverpool in Boston, MA, was recently sold for $2,300,000. The property spans 6,000 square feet, resulting in a price per square foot of $383.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Address: 87-93 Liverpool, Boston, MA
- Market: Boston, MA
- Seller's Representative: Michela Cappuccio - Cappuccio Realty Group LLC
- Buyer's Representative: Ben Resnicow - Commonwealth Standard Realty Advisors
Michela Cappuccio from Cappuccio Realty Group LLC represented the seller in this transaction. Ben Resnicow from Commonwealth Standard Realty Advisors represented the buyer.
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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93