Lin Xu - Keller Williams Realty Cambridge Sells Multifamily Property At 16 Hubbardston Rd, Boston, MA For $1.65M
SOLD
$1,650,000
Massachusetts
See Similar DealsMultiFamily3,417 SF
Sold 04/08/2022
SOLD
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
See Similar DealsMultiFamily3,417 SF
Sold 04/08/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$482
Total Square Footage:3,417 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10
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