Falcon Investments Acquires SFR In Boston, MA For $575,000
SOLD
$575,000
Massachusetts
See Similar DealsSingle Family Residence1,050 SF
Sold 01/28/2022
SOLD
Falcon Investments Acquires SFR In Boston, MA For $575,000
520 E 8th St, Boston, MA 02127
See Similar DealsSingle Family Residence1,050 SF
Sold 01/28/2022
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$547
Total Square Footage:1,050 SF
Transaction Type:Sale
The single-family home located at 520 E 8th St in Boston, MA has been sold in a recent transaction. The property spans approximately 1,050 square feet and was sold for a price of $575,000, resulting in a price per square foot of $548.
Summary of transaction details:
- Property Type: SFR
- Sale Price: $575,000
- Square Footage: 1,050
- Price Per Square Foot: $548
- Address: 520 E 8th St, Boston, MA
Falcon Investments, represented by Zach Mulkern & Josh Matt, acquired the property. They were the buyers in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$30,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,042.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,725.79
Annual Debt Service$32,709.52
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