Stony Brook Invs Llc Acquires Multifamily In Jamaica Plain, MA For $1.66M
9 Cornwall Street, Jamaica Plain, MA 02130, USA
$1,657,500
$543/SF
Building Size
3,051 SF
Asset Type
MultiFamily
Closing
May 5, 2020
AI
A multifamily property located at 9 Cornwall St in Jamaica Plain, MA has been sold. The property, with a total area of 3,051 square feet, was sold for a price of $1,657,500, resulting in a price per square foot of $543. The property consists of three units, with each unit valued at $552,500.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,657,500
- Square Footage: 3,051
- Address: 9 Cornwall St, Jamaica Plain, MA
The seller of the property was Fred Starikov, while the buyer was Stony Brook Invs Llc.
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
9.57%
Cash-on-Cash
-2.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93