Stony Brook & Lennox Realty Advisors Sells Boston Multifamily Property For $1.45M
14 Everton Street
$1,450,000
$290/SF
Building Size
5,000 SF
Asset Type
MultiFamily
Closing
Jun 14, 2024
AI
A multi-family property located at 14 Everton Street in Boston, MA, was recently sold for $1.45 million. This property consists of 3 units, totaling 5,000 square feet with a price per unit of $483,333 and a price per square foot of $290.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,450,000
- Units: 3
- Square Footage: 5,000
- Market: Boston, MA
The sale of this Dorchester, MA property was facilitated by Markese Daise from Stony Brook & Lennox Realty Advisors. The property features 14 bedrooms, 5 baths, and has the potential to generate up to $162,000 annually. Situated near public transit, this property offers convenient access to downtown Boston, enhancing its investment appeal.
Dorchester 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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93