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
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