Updated Sep 5, 2024
Keller Williams Realty Acquires Multifamily Property On Talbot Ave, Boston For $1.04M
148 Talbot Avenue, Dorchester, Massachusetts 02124, United States
$1,040,000
$405/SF
Building Size
2,566 SF
Asset Type
MultiFamily
Closing
Nov 10, 2022
About this deal
AI
The multifamily property located at 148 Talbot Ave in Boston, MA has recently been sold in a closed transaction. The property consists of 3 units with a total square footage of 2,566. The sale price for this transaction was $1,040,000, resulting in a price per unit of $346,667 and a price per square foot of $405.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,040,000
- Units: 3
- Price Per Unit: $346,667
- Square Footage: 2,566
- Price Per Square Foot: $405
The buyer in this transaction was represented by Jonathan Delarosa from Keller Williams Realty, while the seller was represented by MacKinnon & Co. from Compass. These individuals and companies played a crucial role in facilitating the deal.
Boston 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
15.25%
Cash-on-Cash
-4.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93