Updated Dec 21, 2023
Dreamworks Realty Team Acquires Multifamily Property In Boston, MA For $1.5M
9 Parkwood Terrace, Boston, MA, USA
$1,500,000
$353/SF
Building Size
4,242 SF
Asset Type
MultiFamily
Closing
Nov 23, 2021
About this deal
AI
A multifamily property located at 9 Parkwood Ter in Boston, MA has been sold for $1,500,000. The property consists of 2 units with a total square footage of 4,242. The price per unit was $750,000, and the price per square foot was $354.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Units: 2
- Price Per Unit: $750,000
- Square Footage: 4,242
- Price Per Square Foot: $354
- Address: 9 Parkwood Ter, Boston, MA
- Market: Boston, MA
The buyer's representative in this transaction was Dreamworks Realty Team from Keller Williams Realty Boston South West. The seller's representative was Danielle O'Brien from Parkway Real Estate, LLC.
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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93