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96-98 Woodledge Street, Bos...

Boston Commercial Realty Acquires Multifamily Property On Woodledge Street, Boston For $1.6M
SOLDMultiFamily

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.

Players

Lin Xu

Dream Realty

Broker

$11.1M

vol

7 deals

Broker

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

9.88%

Cash-on-Cash

-2.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93