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18 Whitby Terrace, Dorchest...

Mission Realty Advisors & Compass Acquire Multifamily Property In Boston, MA For $1.4M
SOLDMultiFamily

Mission Realty Advisors & Compass Acquire Multifamily Property In Boston, MA For $1.4M

18 Whitby Terrace, Dorchester, Massachusetts 02125, United States

$1,400,000

$398/SF

Building Size

3,512 SF

Asset Type

MultiFamily

Closing

Dec 7, 2021

AI

Located at 18 Whitby Ter in Boston, MA, this multifamily property was recently sold in a closed transaction. The property spans 3,512 square feet and was sold for a price of $1,400,000, resulting in a price per square foot of $399.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,400,000
  • Address: 18 Whitby Ter, Boston, MA
  • Market: Boston, MA

Mission Realty Advisors & Compass represented the buyer in this transaction, while Kerry Dowlin from Leading Edge Real Estate represented the seller. The involvement of these individuals and companies played a crucial role in the successful completion of the deal.

Players

Kerry Dowlin

Leading Edge Real Estate

Broker

$11.9M

vol

9 deals

Broker

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

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93