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106 Barnes Avenue, Syracuse...

Maria Malloy Acquires Jason Kettmann's East Boston Multifamily For $1.22M
SOLDMultiFamily

Maria Malloy Acquires Jason Kettmann's East Boston Multifamily For $1.22M

106 Barnes Avenue, Syracuse, NY 13207, USA

$1,220,000

$306/SF

Building Size

3,977 SF

Asset Type

MultiFamily

Closing

Sep 8, 2021

AI

106 Barnes Ave, located in East Boston, MA, has been sold in a recent transaction. The multifamily property was sold for $1,220,000, with a total of three units. This equates to an average price per unit of $406,667. The property spans across 3,977 square feet, resulting in a price per square foot of $307.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,220,000
  • Address: 106 Barnes Ave, East Boston, MA
  • Market: East Boston, MA
  • Units: 3
  • Price per Unit: $406,667
  • Square Footage: 3,977
  • Price per Square Foot: $307

Maria Malloy acted as the buyer in this transaction, and Jason Kettmann was the seller. The deal was successfully closed by Jason Kettmann's representative. The sale of 106 Barnes Ave signifies a noteworthy transaction in the East Boston, MA market.

Players

Maria Malloy

Buyer

$9.8M

vol

3 deals

Buyer

City of Syracuse MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.00%

Cash-on-Cash

-3.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93