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9-11 Holton Street, Allston...

Ryan Benton Of Horvath & Tremblay Facilitates $1.66M Sale Of Allston Multifamily Property On Holton St
SOLDMultiFamily

Ryan Benton Of Horvath & Tremblay Facilitates $1.66M Sale Of Allston Multifamily Property On Holton St

9-11 Holton Street, Allston, Boston, MA, USA

$1,660,000

$428/SF

Building Size

3,873 SF

Asset Type

MultiFamily

Closing

Sep 17, 2021

AI

An multifamily property located at 9-11 Holton Street in Allston, MA has been sold for $1,660,000. The property encompasses 0.16 acres and offers a total of 3,873 square feet of space. The sale included three units, resulting in a price per unit of $553,000. The price per square foot was calculated at $429.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,660,000
  • Address: 9-11 Holton Street, Allston, MA
  • Market: Allston, MA
  • Size: 0.16 acres

Ryan Benton from Horvath & Tremblay represented the seller in this transaction.

Players

Ryan Benton

Horvath & Tremblay

Broker

$38.1M

vol

10 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

9.56%

Cash-on-Cash

-2.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93