Jack Yang Of Coldwell Banker Represents Buyer In $4.6M Allston Multifamily Sale
9 Everett Street
$4,600,000
$785/SF
Building Size
5,858 SF
Asset Type
MultiFamily
Closing
Oct 31, 2024
AI
The asset involved in this transaction is a multifamily property located at 9 Everett Street, Allston, MA. The sale price was $4,600,000, and the property consists of 7 units with a total square footage of 5,858. The price per unit was calculated at $657,142, and the price per square foot is $785.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $4,600,000
- Units: 7
- Square Footage: 5,858
- Price Per Unit: $657,142
- Price Per Square Foot: $785
- Buyer's Representative: Jack Yang - Coldwell Banker
- Seller's Representative: Nelson Otuechere - NCO Realty Group
Jack Yang from Coldwell Banker represented the buyer in this transaction, while Nelson Otuechere from NCO Realty Group represented the seller. The deal was executed on October 31, 2024.
Players
Allston 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
3.45%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93