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101 Pleasant St, Dorchester...

Updated Dec 19, 2023

Marc A. Kaplan Acquires 3-Unit Multifamily Property In Dorchester, MA For $1.3M
SOLDMultiFamily

Marc A. Kaplan Acquires 3-Unit Multifamily Property In Dorchester, MA For $1.3M

101 Pleasant St, Dorchester, Boston, MA, USA

$1,300,000

$324/SF

Building Size

4,011 SF

Asset Type

MultiFamily

Closing

Jul 25, 2021

About this deal

AI

The multifamily property located at 101 Pleasant St in Dorchester, MA has been sold. The transaction took place on July 26, 2021. The property spans a total of 4,011 square feet and was sold for a price of $1,300,000, resulting in a price per square foot of $324. The property consists of 3 units, with each unit being valued at approximately $433,333.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,300,000
  • Address: 101 Pleasant St, Dorchester, MA
  • Market: Dorchester, MA
  • Seller: Julian Vega
  • Buyer: Marc A. Kaplan
  • Square Footage: 4,011
  • Price Per Square Foot: $324
  • Number of Units: 3
  • Price Per Unit: $433,333

In this transaction, Julian Vega acted as the seller and Marc A. Kaplan as the buyer.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $324 per square foot on a published $1.3M for 4,011 square feet (2021).

Browse Massachusetts multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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