Boston Commercial Realty Acquires Multifamily Property On Woodledge Street, Boston For $1.6M
96-98 Woodledge Street, Boston, MA, USA
$1,605,000
$235/SF
Building Size
6,810 SF
Asset Type
MultiFamily
Closing
Feb 16, 2021
AI
The multifamily property located at 96-98 Woodledge Street in Boston, MA has been sold for a price of $1,605,000. The transaction took place on February 17, 2021, and the property spans a total area of 6,810 square feet, resulting in a price per square foot of $236.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,605,000
- Address: 96-98 Woodledge Street, Boston, MA
- Square Footage: 6,810
- Price per Square Foot: $236
The seller's representative for this transaction was Lin Xu from Keller Williams Realty, while the buyer's representative was Laurence Tamkin from Boston Commercial Realty.
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
9.88%
Cash-on-Cash
-2.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93