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14 Sagamore Street

Kava Realty Group Acquires Dorchester Multifamily For $1M
SOLDMultiFamily

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

Devin Wong

Kava Realty Group

Broker

$6M

vol

5 deals

Broker

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