Updated Dec 19, 2023
Guy Assetta Acquires Multifamily Property In Boston, MA For $2M
160 Dorchester Street, Boston, MA, USA
$2,000,000
$662/SF
Building Size
3,020 SF
Asset Type
MultiFamily
Closing
Feb 18, 2021
About this deal
AI
A multifamily property located at 160 Dorchester Street in Boston, MA, was recently sold for $2,000,000. The property spans 3,020 square feet, resulting in a price per square foot of $662. The sale took place on February 19, 2021.
The seller, represented by the Foley/Federico Team from Greater Metropolitan R. E., and the buyer, represented by Guy Assetta from Home Town Brokerage, were the key individuals involved in the transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Address: 160 Dorchester Street
- Market: Boston, MA
- Seller's Representative: Foley/Federico Team - Greater Metropolitan R. E.
- Buyer's Representative: Guy Assetta - Home Town Brokerage
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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93