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Multifamily Property In Jamaica Plain, MA Sells For $1.23M With Buyer's Rep Kristi Gjikondi & Seller's Rep The Apex Team

Property Image
SOLD
$1,230,000

Massachusetts

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MultiFamily3,699 SF
Sold 11/27/2023
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Property Image
SOLD

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

See Similar Deals
MultiFamily3,699 SF
Sold 11/27/2023
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$332
Total Square Footage:3,699 SF
Transaction Type:Sale

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

Kristi Gjikondi
Gjikondi Realty
Kristi Gjikondi
3 deals$3.9M volume
BROKER

Details

SOLD
IMAGE: Kristi Gjikondi DATE: 11/27/2023 ADDRESS: 9 Chilcott Place MARKET: Jamaica Plain, MA ASSET TYPE: Multifamily BUYER'S REP: Kristi Gjikondi - Gjikondi Realty SELLER'S REP: The Apex Team - Apex Realty Group, Llc (@ApexSold) SALE PRICE: $1,230,000 SF: 3,699 ~ PPSF: $333 NOTE: 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.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,369.94
Cash-on-Cash Return-1.27%
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