Keller Williams Realty Acquires Multifamily Property In Boston, MA
17 Gaylord Street, Dorchester, Massachusetts 02124, United States
$1,000,000
$214/SF
Building Size
4,662 SF
Asset Type
MultiFamily
Closing
Feb 15, 2022
AI
The multifamily property located at 15-17 Gaylord St in Boston, MA has been sold in a recent transaction. The property spans 4,662 square feet and was sold for a total price of $1,000,000, resulting in a price per square foot of $215. The sale was facilitated by Christine Do from Keller Williams Realty, who represented the buyer, and Pam Rieth from Monarch Realty Group, LLC, who represented the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Square Footage: 4,662
- Price per Square Foot: $215
- Address: 15-17 Gaylord St, Boston, MA
- Market: Boston, MA
This transaction was successfully completed with the assistance of Christine Do from Keller Williams Realty, who represented the buyer in this deal. Pam Rieth from Monarch Realty Group, LLC served as the seller's representative. The involvement of these experienced professionals ensured a smooth and efficient transaction process for both parties.
Players
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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93