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16 Mayfield Street, Dorches...

Vicente Realty Sells Multifamily Property In Boston, MA For $1.44M
SOLDMultiFamily

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

Adelino Vicente

Broker

$2.7M

vol

2 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

11.02%

Cash-on-Cash

-3.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93