facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

903 Saratoga Street, Boston...

Matthew Wessels Acquires Multifamily Property On Saratoga St In Boston For $1.21M
SOLDMultiFamily

Matthew Wessels Acquires Multifamily Property On Saratoga St In Boston For $1.21M

903 Saratoga Street, Boston, Massachusetts 02128, United States

$1,210,000

$296/SF

Building Size

4,080 SF

Asset Type

MultiFamily

Closing

Mar 3, 2022

AI

A multifamily property located at 903 Saratoga St in Boston, MA has been sold for a price of $1,210,000. The property consists of 3 units, resulting in a price per unit of $403,333. It spans across 4,080 square feet, making the price per square foot $297.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,210,000
  • Units: 3
  • Price per Unit: $403,333
  • Total Square Footage: 4,080
  • Price per Square Foot: $297

The buyer of the property is Matthew Wessels, while the seller is UGUYS Development LLC, represented by Anthony DiCesare. The transaction was sourced by Nick Daher, a broker from Broad Sound Real Estate.

Players

Nicholas Daher

Broad Sound Real Estate

Broker

$41.6M

vol

13 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

13.11%

Cash-on-Cash

-3.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93