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188A Savin Hill Avenue, Dor...

Updated Dec 21, 2023

Keith Costa Acquires Multifamily Property On 188 A Savin Hill Ave In Dorchester, MA For $1.15M
SOLDMultiFamily

Keith Costa Acquires Multifamily Property On 188 A Savin Hill Ave In Dorchester, MA For $1.15M

188A Savin Hill Avenue, Dorchester, MA, USA

$1,150,000

$331/SF

Building Size

3,474 SF

Asset Type

MultiFamily

Closing

Jul 21, 2021

About this deal

AI

The multifamily property located at 188 A Savin Hill Ave in Dorchester, MA was recently sold in a closed transaction on July 22, 2021. The property spans a total area of 3,474 square feet, with a price per square foot of $331. It consists of 3 separate units, making the price per unit $383,333.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,150,000
  • Address: 188 A Savin Hill Ave, Dorchester, MA
  • Market: Dorchester, MA
  • Seller: L P Gardiner
  • Buyer: Keith Costa
  • Total Square Footage: 3,474
  • Price per Square Foot: $331
  • Number of Units: 3
  • Price per Unit: $383,333

This transaction was facilitated by Keith Costa, representing the buyer, and the seller was L P Gardiner.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $331 per square foot on a published $1.2M for 3,474 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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