Updated Dec 19, 2023
Boston Trust Realty Group And MIG Realty Sell Multifamily Property In Mattapan, MA For $1M
10 Tanglewood Rd, Mattapan, Massachusetts, USA
$1,000,000
$146/SF
Building Size
6,810 SF
Asset Type
MultiFamily
Closing
Apr 15, 2021
About this deal
AI
A multifamily property located at 10-12 Tanglewood Rd in Mattapan, MA was recently sold for $1,000,000. The property has a total square footage of 6,810, resulting in a price per square foot of $147. The sale took place on 04/15/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 10-12 Tanglewood Rd
- Market: Mattapan, MA
- Square Footage: 6,810
The sale was handled by Jessica Thomas of Boston Trust Realty Group and MIG Realty. They were the brokers representing the parties involved in the transaction.
Mattapan 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93