Updated Dec 21, 2023
Adam Sarbaugh Acquires Multifamily Property In Dorchester, MA For $2M
159 Boston Street, Dorchester, Boston, Massachusetts, USA
$2,000,000
$484/SF
Building Size
4,132 SF
Asset Type
MultiFamily
Closing
Oct 6, 2021
About this deal
AI
The multifamily property located at 159 Boston St in Dorchester, MA has been sold for $2,000,000. The property consists of 3 units with a total of 4,132 square feet. The price per unit comes out to be $666,667, and the price per square foot is $484.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $2,000,000
- Units: 3
- Price per Unit: $666,667
- Square Feet: 4,132
- Price per Square Foot: $484
The buyer of the property is Adam Sarbaugh, while the sellers are Michael Szwanke and Maria Szwanke.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93