1215 Blue Hill Avenue Multifamily Sold For $1M With Buyer's Rep Christopher Mehr & Seller's Rep Walter Weekes
1215 Blue Hill Avenue
$1,000,000
$226/SF
Building Size
4,408 SF
Asset Type
MultiFamily
Closing
Jan 9, 2024
AI
A multifamily property located at 1215 Blue Hill Avenue in Mattapan, MA, has been successfully sold for a price of $1,000,000. The property spans 4,408 square feet, resulting in a price per square foot of $227.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,000,000
- Square Footage: 4,408
- Price per Square Foot: $227
- Address: 1215 Blue Hill Avenue, Mattapan, MA
This transaction involved Christopher Mehr from Full Circle Realty representing the buyer and Walter Weekes from Era Key Realty representing the seller.
Players
Mattapan 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93