Multifamily Property In Jamaica Plain, MA Sells For $1.23M With Buyer's Rep Kristi Gjikondi & Seller's Rep The Apex Team
9 Chilcott Place
$1,230,000
$332/SF
Building Size
3,699 SF
Asset Type
MultiFamily
Closing
Nov 27, 2023
AI
A multifamily property located at 9 Chilcott Place in Jamaica Plain, MA, has changed hands for $1,230,000. The transaction was facilitated by Kristi Gjikondi of Pena Realty Corporation representing the buyer, while The Apex Team of Apex Realty Group, LLC, acted as the seller's representative. The property spans a total of 3,699 square feet with a price per square foot of $333.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,230,000
- Address: 9 Chilcott Place, Jamaica Plain, MA
- Market: Jamaica Plain, MA
Kristi Gjikondi of Pena Realty Corporation represented the buyer in this transaction, while The Apex Team of Apex Realty Group, LLC, represented the seller. The sale was finalized on November 27, 2023.
Players
Jamaica Plain 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
12.90%
Cash-on-Cash
-3.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93