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92-94 Saint Andrew Road, Bo...

Updated Dec 21, 2023

Tommy Connors Sells Multifamily Property In Boston, MA For $1.15M With Buyer's Rep Tony Chen - EXIT Realty Beatrice Associates
SOLDMultiFamily

Tommy Connors Sells Multifamily Property In Boston, MA For $1.15M With Buyer's Rep Tony Chen - EXIT Realty Beatrice Associates

92-94 Saint Andrew Road, Boston, Massachusetts 02128, United States

$1,155,000

$337/SF

Building Size

3,424 SF

Asset Type

MultiFamily

Closing

Jan 3, 2022

About this deal

AI

The multifamily property located at 92-94 Saint Andrew Rd in Boston, MA recently sold for a price of $1,155,000. The property spans a total area of 3,424 square feet, resulting in a price per square foot of $337. The sale was facilitated by Tony Chen from EXIT Realty Beatrice Associates, representing the buyer, and Tommy Connors from Coldwell Banker Realty - South End, representing the seller.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,155,000
  • Address: 92-94 Saint Andrew Rd, Boston, MA
  • Market: Boston, MA
  • Buyer's Rep: Tony Chen - EXIT Realty Beatrice Associates
  • Seller's Rep: Tommy Connors - Coldwell Banker Realty - South End
  • Square Footage: 3,424
  • Price per Square Foot: $337

Tony Chen from EXIT Realty Beatrice Associates represented the buyer in this transaction, while Tommy Connors from Coldwell Banker Realty - South End represented the seller. Both parties played integral roles in ensuring the successful completion of this multifamily property sale.

Players

Tony Chen

Exit Realty Group

Broker

$1.2M

vol

1 deal

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $337 per square foot on a published $1.2M for 3,424 square feet (2022).

Visit Exit Realty Group to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.73%

Cash-on-Cash

-3.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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