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117 Park Street

Homie Realty Group Acquires Multifamily Property In Boston, MA For $1.12M
SOLDMultiFamily

Homie Realty Group Acquires Multifamily Property In Boston, MA For $1.12M

117 Park Street

$1,120,000

$374/SF

Building Size

2,991 SF

Asset Type

MultiFamily

Closing

Jan 22, 2024

AI

A multifamily property located at 117 Park Street in Boston, MA, was sold for $1,120,000. The property spans 2,991 square feet and has a price per square foot of $374.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,120,000

Corey Bashaw from Homie Realty Group represented the buyer in the transaction, while Christine Do from Keller Williams represented the seller.

NOTE: A multifamily property located at 117 Park Street in Boston, MA, was sold for $1,120,000. Corey Bashaw from Homie Realty Group represented the buyer, while Christine Do from Keller Williams represented the seller in the transaction.

Players

Christine Do

Keller Williams Realty

Broker

$12.5M

vol

8 deals

Broker

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

14.16%

Cash-on-Cash

-4.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93