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18 Fernboro Street

Lamacchia Realty Facilitates $1.3M Sale Of Multifamily Property In Dorchester, MA
SOLDMultiFamily

Lamacchia Realty Facilitates $1.3M Sale Of Multifamily Property In Dorchester, MA

18 Fernboro Street

$1,337,500

$321/SF

Building Size

4,167 SF

Asset Type

MultiFamily

Closing

Nov 15, 2023

AI

The multifamily property at 18 Fernboro Street in Dorchester, MA was sold for $1,337,500. It features a total square footage of 4,167 and a price per square foot of $321.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,337,500
  • Address: 18 Fernboro Street, Dorchester, MA
  • Market: Dorchester, MA

Crystal Kavanaugh of Lamacchia Realty served as the broker for the transaction.

Players

Crystal Kavanaugh

Homesmart Professionals Real Estate

Broker

$2.4M

vol

2 deals

Broker

Dorchester 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

11.86%

Cash-on-Cash

-3.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93