The Maneikis Companies, Inc. Sells 2,876 SF Multifamily Property In Boston, MA For $1M
187 Neponset Avenue, Dorchester, Boston, MA 02122, USA
$1,000,000
$347/SF
Building Size
2,876 SF
Asset Type
MultiFamily
Closing
Oct 27, 2021
AI
The multifamily property located at 187 Neponset Ave in Boston, MA has been sold for $1,000,000. The sale was completed on October 27, 2021, and the property spans 2,876 square feet. The price per square foot was $348.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Date: 10/27/2021
- Address: 187 Neponset Ave
- Market: Boston, MA
- SF: 2,876
- PPSF: $348
Christopher Shea represented the buyer in this transaction, while Charles Maneikis from The Maneikis Companies, Inc. acted as the seller's representative.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93