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
City of Syracuse MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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