Updated Dec 4, 2024
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
About this deal
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.
The multifamily sale at 18 Fernboro Street in Dorchester, Massachusetts sold for $1.3M in 2023. The building is 4,167 square feet, implying about 321 per square foot on the published price. Crystal Kavanaugh, Homesmart Professionals Real Estate appear on the sale alongside Homesmart Professionals Real Estate. This page is the Dorchester, Massachusetts file for the 18 Fernboro Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Dorchester sit in the Market section below. Filter that Dorchester multifamily set by closing date to see what else sold near 18 Fernboro Street around 2023. Published consideration for 18 Fernboro Street is $1.3M, dated 2023. Cite this Lamacchia Realty Facilitates $1.3M Sale Of Multifamily Property In Dorchester, MA sale when underwriting similar multifamily product around Dorchester, Massachusetts.
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