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117 Dresser St, South Bosto...

Richard D. Baker & Katherine E. Baker Acquire South Boston Multifamily For $1.2M
SOLDMultiFamily

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

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.

Players

Richard Baker

Buyer

$202.2M

vol

2 deals

Buyer

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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