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16 Hubbardston Road, Dorche...

Lin Xu - Keller Williams Realty Cambridge Sells Multifamily Property At 16 Hubbardston Rd, Boston, MA For $1.65M
SOLDMultiFamily

Lin Xu - Keller Williams Realty Cambridge Sells Multifamily Property At 16 Hubbardston Rd, Boston, MA For $1.65M

16 Hubbardston Road, Dorchester, Massachusetts 02125, United States

$1,650,000

$482/SF

Building Size

3,417 SF

Asset Type

MultiFamily

Closing

Apr 7, 2022

AI

A multifamily property located at 16 Hubbardston Rd in Boston, MA was recently sold for $1,650,000. The property consists of 3 units, with a price per unit of $550,000. The total square footage of the property is 3,417, resulting in a price per square foot of $483.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,650,000
  • Units: 3
  • Price per Unit: $550,000
  • Square Footage: 3,417
  • Price per Square Foot: $483
  • Address: 16 Hubbardston Rd, Boston, MA

The sale of this multifamily property was facilitated by Lin Xu from Keller Williams Realty Cambridge.

Players

Lin Xu

Dream Realty

Broker

$11.1M

vol

7 deals

Broker

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

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93