Updated Dec 4, 2024
Entela Tase & James P. Rinaldi Facilitate $1M Two-Family Sale In West Roxbury
96 Greaton Road
$1,000,000
$378/SF
Building Size
2,641 SF
Asset Type
MultiFamily
Closing
Jun 26, 2024
About this deal
AI
A two-family home at 96 Greaton Rd in West Roxbury, Boston, sold for $1 million. The property, built in 1918, features a first-floor apartment with formal living and dining rooms, an eat-in kitchen, and two bedrooms. The second floor offers spacious rooms with detailed woodwork, hardwood floors, and potential in the attic space. The sale also included off-street parking and rear decks for both units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Units: 1
- Price per Unit: $1,000,000
- Square Footage: 2,641
- Price per Square Foot: $379
- Address: 96 Greaton Road
- Market: Boston, MA
The deal was facilitated by James P. Rinaldi of EXP Realty, representing the seller, and Entela Tase of Coldwell Banker Realty, representing the buyer. The transaction included a two-family home with distinct features and amenities, showcasing the expertise of the involved real estate professionals.
Players
West 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93