Mission Realty Advisors Acquires Multifamily Property In Boston, MA For $1.8M
91 Parkton Road, Boston, Massachusetts 02130, United States
$1,815,000
$359/SF
Building Size
5,053 SF
Asset Type
MultiFamily
Closing
Apr 18, 2022
AI
The multifamily property located at 91 Parkton Rd in Boston, MA was recently sold for a total price of $1,815,000. Spanning over 5,053 square feet, the property was sold at a price per square foot of $359. This transaction took place on April 19, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,815,000
- Address: 91 Parkton Rd, Boston, MA
- Square Footage: 5,053
- Price per Square Foot: $359
- Market: Boston, MA
Mission Realty Advisors represented the buyer in this transaction, while Eric Johnson from Compass served as the seller's representative.
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
8.74%
Cash-on-Cash
-2.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93