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9 Monument Street, Boston, ...

Riverfront Realtors Acquires Multifamily Property On Monument St In Boston For $1.35M
SOLDMultiFamily

Riverfront Realtors Acquires Multifamily Property On Monument St In Boston For $1.35M

9 Monument Street, Boston, Massachusetts 02129, United States

$1,350,000

$547/SF

Building Size

2,466 SF

Asset Type

MultiFamily

Closing

Dec 10, 2021

AI

Located at 9 Monument St in Boston, MA, this multifamily property was recently sold for a price of $1,350,000. The property spans across 2,466 square feet, resulting in a price per square foot of $547. The transaction took place on 12/10/2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,350,000
  • Square Footage: 2,466
  • Price per Square Foot: $547
  • Location: Boston, MA
  • Seller's Representative: Catherine Marrone - Integrity Residential Brokerage LLC
  • Buyer's Representative: Gregory McCarthy - Riverfront Realtors

Catherine Marrone from Integrity Residential Brokerage LLC represented the seller in this transaction, while Gregory McCarthy from Riverfront Realtors acted as the buyer's representative. The sale of this multifamily property signifies the successful conclusion of a real estate deal in Boston, MA.

Players

Gregory McCarthy

Broker

$19.6M

vol

13 deals

Broker

Boston 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

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93