Van Osch Acquires Single Family Property In Boston, MA For $10.7M
5 Union Park
$10,700,000
$1,646/SF
Building Size
6,500 SF
Asset Type
Single Family
Closing
Dec 7, 2023
AI
A single-family home located at 5 Union Park in Boston, MA has been sold for a price of $10,700,000. The property spans 6,500 square feet and was acquired by Van Osch. The transaction took place on 12/07/2023. The seller, Patrick Benzie, was represented by Nick Hanneman from Compass, while Rene Rodriguez from Cabot & Company acted as the buyer's representative.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $10,700,000
- Address: 5 Union Park, Boston, MA
- Market: Boston, MA
- Buyer: Van Osch
- Seller: Patrick Benzie
- Buyer's Representative: Rene Rodriguez - Cabot & Company
- Seller's Representative: Nick Hanneman - Compass
- Square Footage: 6,500
- Price Per Square Foot: $1,646
Rene Rodriguez from Cabot & Company and Nick Hanneman from Compass played key roles in facilitating the sale of this property. Their expertise and representation were instrumental in bringing the buyer and seller to a successful agreement.
Players
Boston Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.48%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93