Updated Dec 4, 2024
Greg P Williams Of Homefront Realty Sells Dorchester Multifamily At 117 Draper St For $1.05M
117 Draper Street
$1,050,000
$297/SF
Building Size
3,527 SF
Asset Type
MultiFamily
Closing
Jun 28, 2024
About this deal
AI
A well-maintained two-family home at 117 Draper St in Boston's Dorchester neighborhood sold for $1.05 million on June 28, 2024. The 3,527 sq ft property features 8 bedrooms, 3 bathrooms, and is located on a 4,425 sq ft lot.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Units: 2
- Price Per Unit: $525,000
- Square Footage: 3,527
- Price Per Square Foot: $298
- Address: 117 Draper Street
- Market: Dorchester, MA
Greg P Williams from Homefront Realty represented the buyer in the transaction, while Nico Recine from Penrose Realty represented the seller.
Players
Dorchester 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93