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9 Mansfield St, Boston, All...

Red Tree Real Estate Sells Multifamily Property In Boston, MA For $3.45M
SOLDMultiFamily

Red Tree Real Estate Sells Multifamily Property In Boston, MA For $3.45M

9 Mansfield St, Boston, Allston, Massachusetts, USA

$3,450,000

$697/SF

Building Size

4,944 SF

Asset Type

MultiFamily

Closing

Jul 1, 2020

AI

Located at 9 Mansfield St in Boston, MA, this multifamily property was recently sold in a closed transaction. The property spans a total of 4,944 square feet and was sold for a price of $3,450,000, resulting in a price per square foot of $698. The sale took place on July 1, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,450,000
  • Square Footage: 4,944
  • Price Per Square Foot: $698
  • Address: 9 Mansfield St, Boston, MA
  • Seller's Representative: Jerome Bibuld - Red Tree Real Estate
  • Buyer's Representative: Dino Bacoka - Red Tree Real Estate
  • Market: Boston, MA

Jerome Bibuld from Red Tree Real Estate represented the seller in this transaction, while Dino Bacoka, also from Red Tree Real Estate, represented the buyer. The transaction showcases the expertise and negotiation skills of the involved parties.

Players

Jerome Bibuld

Red Tree Real Estate

Broker

$12M

vol

7 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.60%

Cash-on-Cash

-1.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93