Ryan Benton Of Horvath & Tremblay Facilitates $1.66M Sale Of Allston Multifamily Property On Holton St
SOLD
$1,660,000
Massachusetts
See Similar DealsMultiFamily3,873 SF
Sold 09/17/2021
SOLD
Ryan Benton Of Horvath & Tremblay Facilitates $1.66M Sale Of Allston Multifamily Property On Holton St
9-11 Holton Street, Allston, Boston, MA, USA
See Similar DealsMultiFamily3,873 SF
Sold 09/17/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$428
Total Square Footage:3,873 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,897.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,869.25
Annual Debt Service$94,430.96
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