Updated Dec 21, 2023
Richard D. Baker & Katherine E. Baker Acquire South Boston Multifamily For $1.2M
117 Dresser St, South Boston, Boston, MA, USA
$1,213,500
$597/SF
Building Size
2,031 SF
Asset Type
MultiFamily
Closing
Feb 28, 2021
About this deal
AI
The multifamily property located at 117 Dresser St in South Boston, MA was recently sold. The property spans 2,031 square feet and was sold for a price of $1,213,500, resulting in a price per square foot of $597.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,213,500
- Address: 117 Dresser St, South Boston, MA
- Market: South Boston, MA
- Square Footage: 2,031
- Price per Square Foot: $597
The buyers involved in this transaction are Richard D. Baker and Katherine E. Baker.
On the Map
$1,213,500
$597/SF
MultiFamily
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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
13.07%
Cash-on-Cash
-3.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93