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12 Dana Avenue

Updated Dec 4, 2024

Insight Realty Group Represents Buyer And Seller In $1.575M Sale Of Multifamily Property In Hyde Park, MA
SOLDMultiFamily

Insight Realty Group Represents Buyer And Seller In $1.575M Sale Of Multifamily Property In Hyde Park, MA

12 Dana Avenue & 14 Dana Avenue

$1,575,000

$153/SF

Building Size

5,135 SF

Asset Type

MultiFamily

Closing

Sep 20, 2023

About this deal

AI

A multifamily property located at 12 & 14 Dana Avenue in Hyde Park, MA has been sold for $1,575,000 ($307 per square foot). The property spans a total of 5,135 square feet. Mike McGuire and Steven Musto of Insight Realty Group represented both the buyer and seller in this transaction.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $1,575,000
  • Square Footage: 5,135
  • Price Per Square Foot: $307
  • Address: 12 & 14 Dana Avenue, Hyde Park, MA
  • Market: Hyde Park, MA

The deal was facilitated by Mike McGuire and Steven Musto of Insight Realty Group who served as the buyer and seller representatives respectively.

On the Map

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$1,575,000

$153/SF

MultiFamily

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Players

Steven Musto

Insight Realty Group

Broker

$6.8M

vol

5 deals

Broker

Hyde Park MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $153 per square foot on a published $1.6M for 10,270 square feet (2023).

Visit Michael McGuire to view all their deals.

Browse Hyde Park multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.07%

Cash-on-Cash

-2.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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