Updated Dec 19, 2023
Drm Real Estate, Inc. Brokers Facilitate $1.18M Sale Of Multifamily Property On Hecla St, Boston
19 Hecla Street, Dorchester, Massachusetts 02122, United States
$1,181,000
$371/SF
Building Size
3,177 SF
Asset Type
MultiFamily
Closing
Mar 17, 2022
About this deal
AI
The multifamily property located at 19 Hecla St in Boston, MA recently sold for a total price of $1,181,000. The property spans a total area of 3,177 square feet, resulting in a price per square foot of $372. This transaction was facilitated by Kyle Rumberger and Raul F Afonso of Drm Real Estate, Inc.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,181,000
- Square Footage: 3,177
- Price per Square Foot: $372
- Address: 19 Hecla St, Boston, MA
- Market: Boston, MA
The successful sale of the property was made possible through the expertise of Kyle Rumberger and Raul F Afonso from Drm Real Estate, Inc. They represented the involved parties in the transaction, ensuring a smooth and efficient process.
Players
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
13.43%
Cash-on-Cash
-3.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93