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:
- Property Type: Multifamily
- Transaction Amount: $5,600,000
- Units: 8
- Price Per Unit: $700,000
- Square Footage: 10,318
- Price Per Square Foot: $542
- Buyer's Representative: David Dobrowolski - Block Realty
- Seller's Representative: Nicoletta Longo - Century 21
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
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
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93