Kava Realty Group Acquires Dorchester Multifamily For $1M
$1,000,000
$296/SF
Building Size
3,370 SF
Asset Type
MultiFamily
Closing
Sep 26, 2023
AI
14 Sagamore Street is a multifamily property located in Dorchester, MA. The property spans 3,370 square feet and recently sold for $1 million, with a price per square foot of $297.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 14 Sagamore Street
- Market: Dorchester, MA
This transaction was represented by Devin Wong of Kava Realty Group, Inc as the buyer's representative and Paul D. White of Keller Williams Realty Signature Properties as the seller's representative.
Note: Devin Wong from Kava Realty Group, Inc facilitated the purchase of 14 Sagamore Street in Dorchester, MA for $1 million ($297 PPSF), while Paul D. White of Keller Williams Realty Signature Properties represented the seller.
Players
Market 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93