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Stony Brook Invs Llc Acquires Multifamily In Jamaica Plain, MA For $1.66M

Property Image
SOLD
$1,657,500

Massachusetts

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MultiFamily3,051 SF
Sold 05/05/2020
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Property Image
SOLD

Stony Brook Invs Llc Acquires Multifamily In Jamaica Plain, MA For $1.66M

9 Cornwall Street, Jamaica Plain, MA 02130, USA

See Similar Deals
MultiFamily3,051 SF
Sold 05/05/2020
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$543
Total Square Footage:3,051 SF
Transaction Type:Sale

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

Fred Starikov
Fred Starikov
12 deals$66.7M volume
SELLER

Details

SOLD
IMAGE: Fred Starikov DATE: 05/05/2021 ADDRESS: 9 Cornwall St MARKET: Jamaica Plain, MA ASSET TYPE: Multifamily SELLER: Fred Starikov BUYER: Stony Brook Invs Llc SALE PRICE: $1,657,500 SF: 3,051 ~ PPSF: $543 UNITS: 3 ~ PPU: $552,500

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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)-$5,888.75
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