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Markese Daise Leads Sale Of Dorchester Multifamily Property For $1.45M
SOLD
$1,450,000
Massachusetts
See Similar DealsMultiFamily4,750 SF
Sold 02/07/2024
SOLD
Markese Daise Leads Sale Of Dorchester Multifamily Property For $1.45M
18 Ufford Street
See Similar DealsMultiFamily4,750 SF
Sold 02/07/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$305
Total Square Footage:4,750 SF
Transaction Type:Sale
A multifamily property located at 18 Ufford Street in Dorchester, MA, was sold for $1,450,000. The property spans 4,750 square feet, resulting in a price per square foot of $305.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,450,000
- Address: 18 Ufford Street
- Market: Dorchester, MA
The sale of the property at 18 Ufford Street in Dorchester, MA, was facilitated by broker Markese Daise from Stony Brook & Lennox Realty Advisors.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$77,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,151.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,873.74
Annual Debt Service$82,484.88
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