Vicente Realty Sells Multifamily Property In Boston, MA For $1.44M
16 Mayfield Street, Dorchester, Massachusetts 02125, United States
$1,440,000
$328/SF
Building Size
4,387 SF
Asset Type
MultiFamily
Closing
Dec 7, 2021
AI
Located at 16 Mayfield St in Boston, MA, this multifamily property was recently sold in a closed transaction. Adelino Vicente of Vicente Realty represented the parties involved in this sale. The property offers a total area of 4,387 square feet, with a sale price of $1,440,000, resulting in a price per square foot of $328.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,440,000
- Square Footage: 4,387
- Price per Square Foot: $328
- Date: 12/07/2021
- Address: 16 Mayfield St, Boston, MA
- Market: Boston, MA
This sale was facilitated by Adelino Vicente of Vicente Realty, who represented the parties involved in the transaction. The property boasts a spacious area of 4,387 square feet and was sold for $1,440,000, resulting in a price per square foot of $328.
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
11.02%
Cash-on-Cash
-3.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93