Updated Dec 4, 2024
The Sarkis Team Of Douglas Elliman Represents Buyer In Sale Of Dedham Multifamily For $1.6M
17 Maverick Street & 19 Maverick Street
$1,600,000
$160/SF
Building Size
5,000 SF
Asset Type
MultiFamily
Closing
Jul 30, 2024
About this deal
AI
A newly built multi-family property at 17-19 Maverick Street, Dedham, MA, has been sold for $1,600,000. The asset features 5,000 sq. ft. of living space, comprising 6 bedrooms and 6.5+ bathrooms, with modern finishes. It enjoys a prime location near Dedham Center and offers convenient access to Boston and major highways.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Square Footage: 5,000
- Price Per Square Foot: $320
- Buyer's Representative: The Sarkis Team - Douglas Elliman
- Seller's Representative: Genci Pance - Panche Real Estate
The transaction involved representatives from both sides, with The Sarkis Team from Douglas Elliman representing the buyer, while Genci Pance from Panche Real Estate represented the seller in the deal.
Players
Dedham 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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93