Updated Mar 11, 2025
GenWealth Capital Commercial Provides $960K Bridge Loan For 14 Everton St Multifamily In Dorchester, MA
14 Everton Street, Dorchester, MA, USA
$960,000
$246/SF
Building Size
3,900 SF
Asset Type
MultiFamily
Closing
Apr 18, 2021
About this deal
AI
The multifamily property located at 14 Everton St, Dorchester, MA 02121 was involved in a recent transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $960,000
- Market: Dorchester, MA
The borrower, represented by GenWealth Capital Commercial, secured a bridge loan for the property. The approved loan amount was $960,000, which accounts for 80% loan-to-value (LTV). The loan has a 12-month term and does not include a prepayment penalty.
The multifamily loan at 14 Everton Street, Dorchester, MA, USA in Boston, Massachusetts financed for $960K in 2021. The building is 3,900 square feet, implying about 246 per square foot on the published price. This page is the Boston, Massachusetts file for the 14 Everton Street, Dorchester, MA, USA multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else financed near 14 Everton Street, Dorchester, MA, USA around 2021. Published consideration for 14 Everton Street, Dorchester, MA, USA is $960K, dated 2021. Cite this GenWealth Capital Commercial Provides $960K Bridge Loan For 14 Everton St Multifamily In Dorchester, MA loan when underwriting similar multifamily product around Boston, Massachusetts.
On the Map
$960,000
$246/SF
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
16.52%
Cash-on-Cash
-4.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93