Updated Dec 20, 2023
Javier Bedoya Acquires Multifamily Property In Boston, MA For $1.15M
970 Bennington Street, East Boston, Boston, MA 02128, USA
$1,150,000
$302/SF
Building Size
3,800 SF
Asset Type
MultiFamily
Closing
Aug 6, 2020
About this deal
AI
A multifamily property located at 970 Bennington St in Boston, MA was recently sold for a price of $1,150,000. The property spans a total of 3,800 square feet, resulting in a price per square foot of $303. The sale was facilitated by Goldpath Real Estate Group representing the seller and Cameron Real Estate Group representing the buyer. Javier Bedoya from Century 21 Mario Real Estate served as the buyer's representative in the transaction.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,150,000
- Square Footage: 3,800
- Price per Square Foot: $303
- Address: 970 Bennington St, Boston, MA
- Seller's Rep: Goldpath Real Estate Group - Cameron Real Estate Group
- Buyer's Rep: Javier Bedoya - Century 21 Mario Real Estate
Javier Bedoya, a representative from Century 21 Mario Real Estate, played a pivotal role in the successful completion of the deal. The involvement of Goldpath Real Estate Group and Cameron Real Estate Group further contributed to the smooth transaction process.
Players
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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93