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94 Bragdon Street

Steve Melo Acquires 94 Bragdon Street Multifamily In Boston From Evens Thesee For $1.15M
SOLDMultiFamily

Steve Melo Acquires 94 Bragdon Street Multifamily In Boston From Evens Thesee For $1.15M

94 Bragdon Street

$1,150,000

$361/SF

Building Size

3,180 SF

Asset Type

MultiFamily

Closing

Jan 31, 2025

AI

The property asset involved in this transaction is a multifamily unit located at 94 Bragdon Street, in the Boston, MA market. The sale price of the property was $1,150,000. It comprises 3 units and has a total square footage of 3,180, resulting in a price per unit of $383,333 and a price per square foot of $361.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,150,000
  • Units: 3
  • Square Footage: 3,180
  • Price Per Unit: $383,333
  • Price Per Square Foot: $361
  • Buyer: Steve Melo
  • Seller: Evens Thesee
  • Broker: Nicholas Bevilacqua - Horvath & Tremblay

This transaction involved key individuals including the buyer, Steve Melo, and the seller, Evens Thesee. Nicholas Bevilacqua represented the transaction for Horvath & Tremblay as the broker. The deal was completed on January 31, 2025.

Players

Nicholas Bevilacqua

Horvath & Tremblay

Broker

$21.4M

vol

11 deals

Broker

Roxbury 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

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93