Updated Oct 28, 2024
Michael Zaldumbide Acquires 2-Family Package Deal In Boston, MA For $1.35M
3 Wilbur Street
$1,630,000
$499/SF
Building Size
3,265 SF
Asset Type
Package Deal
Closing
Oct 14, 2022
About this deal
AI
Located in Boston, MA, a package deal consisting of properties at 3 & 5 Wilbur Ct has recently been sold. The transaction, which closed on 08/12/2022, involved a total sales price of $1,350,000. The combined square footage of the properties is 3,265, resulting in a price per square foot of $413. The buyer, Michael Zaldumbide, acquired both 2-family homes from the seller, Hacobian Ohanian RT. The deal was facilitated by Michael Sulprizio of Sulprizio Real Estate, who represented both the seller and the buyer in the transaction.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $1,350,000
- Address: 3 & 5 Wilbur Ct, Boston, MA
- Square Footage: 3,265
- Price Per Square Foot: $413
This transaction marks the successful sale of two 2-family properties, 3 & 5 Wilbur Ct, in Boston, MA. Michael Zaldumbide acted as the buyer, while Hacobian Ohanian RT served as the seller. The deal was facilitated by Michael Sulprizio of Sulprizio Real Estate, who played a crucial role in representing both parties.
Players
Boston Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.73%
Cash-on-Cash
-2.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93