Updated Sep 9, 2024
Dependable Realty Group Acquires Multifamily Property In Dedham, MA For $1.21M
15 Linden Place & 17 Linden Place
$1,210,000
$140/SF
Building Size
4,318 SF
Asset Type
MultiFamily
Closing
Aug 21, 2023
About this deal
AI
A multifamily property located at 15-17 Linden Place in Dedham, MA, was sold for $1,210,000. The property encompasses 4,318 square feet, with a price per square foot of $280.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,210,000
- Address: 15-17 Linden Place
- Market: Dedham, MA
- Square Footage: 4,318
- Price per Square Foot: $280
The buyer's representative in this deal was Guerns Bernadeau from Dependable Realty Group, Llc, while Thomas V. Ralph from Good Bye Realty represented the seller.
Players
Dedham 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
13.11%
Cash-on-Cash
-3.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93