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187 Neponset Avenue, Dorche...

The Maneikis Companies, Inc. Sells 2,876 SF Multifamily Property In Boston, MA For $1M
SOLDMultiFamily

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

Charles Han

JBA Equities

Broker

$399.9M

vol

14 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

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93