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
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