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.
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