Updated Oct 29, 2024
Hotel Toby NT & NT Tsvcs LLC Tr Acquires 339 Marlborough Street, Boston, For $7.25M From Ft Locarno
339 Marlborough Street Boston, Massachusetts 02115, USA
$7,250,000
$2,814/SF
Building Size
2,576 SF
Asset Type
Single Family Residence
Closing
Jul 21, 2023
About this deal
AI
Hotel Toby NT and NT Tsvcs LLC Tr have acquired a single-family home at 339 Marlborough Street in Boston, Massachusetts. The property, sold by Ft Locarno, was purchased for a total price of $7,250,000 on July 21, 2023. The home spans 2,576 square feet, resulting in a price per square foot of $2,814.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $7,250,000
- Address: 339 Marlborough Street, Boston, MA
- Market: Boston, MA
The buyers, Hotel Toby NT and NT Tsvcs LLC Tr, completed the purchase of the property from the sellers, Ft Locarno. This transaction marks a significant investment in the Boston real estate market.
Players
Boston Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.19%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93