Updated Dec 19, 2023
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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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