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198 200 Maverick Street

David Dobrowolski Of Block Realty Represents Buyer In $5.6M East Boston Multifamily Sale
SOLDMultiFamily

David Dobrowolski Of Block Realty Represents Buyer In $5.6M East Boston Multifamily Sale

198 200 Maverick Street

$5,600,000

$542/SF

Building Size

10,318 SF

Asset Type

MultiFamily

Closing

Feb 19, 2025

AI

The multifamily asset located at 198-200 Maverick Street in East Boston, MA, has been sold for $5,600,000. This property consists of 8 units, offering a price per unit of $700,000. The total square footage of the building is 10,318, resulting in a price per square foot of $542.

Summary of transaction details:

David Dobrowolski from Block Realty represents the buyer in this transaction, while Nicoletta Longo from Century 21 represents the seller. Their roles highlight the collaboration between the parties involved in finalizing this real estate deal.

Players

Nicoletta Longo

Century 21

Broker

$10.4M

vol

4 deals

Broker

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

2.83%

Cash-on-Cash

-0.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93