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
10,270 SF
Asset Type
MultiFamily
Closing
Sep 20, 2023
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.
Players
Hyde Park 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
10.07%
Cash-on-Cash
-2.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93