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5 Union Park

Van Osch Acquires Single Family Property In Boston, MA For $10.7M
SOLDSingle Family

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

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

Rene Rodriguez

Cabot & Company

Broker

$88.2M

vol

10 deals

Broker

Boston Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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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