MMC LLC Acquires SFR In South Boston For $615,000
9 W Broadway, Boston, MA 02127
$615,000
$907/SF
Building Size
678 SF
Asset Type
Single Family Residence
Closing
Jan 14, 2022
AI
9 West Broadway in South Boston was recently sold for a price of $615,000. This single-family home has a total of 678 square feet of living space, resulting in a price per square foot of $907. The property was sold by the seller, FSK, to the buyer, MMC LLC.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $615,000
- Address: 9 West Broadway, South Boston
- Square Footage: 678 sqft
- Price Per Square Foot: $907
- Buyer: MMC LLC
- Seller: FSK
The buyer, MMC LLC, was represented by Morgan Franklin from The Morgan Franklin Group. On the other hand, the seller was assisted by Sarah Maguire. Morgan Franklin and Sarah Maguire facilitated the successful transaction of 9 West Broadway in South Boston.
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
25.79%
Cash-on-Cash
-7.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93