Updated Oct 29, 2024
New City Investors LLC Sells Multifamily Property In Jamaica Plain, MA For $1.294M With Brokers Robert Nichols & Julian Addy - Boston Trust Realty Group
2-4 Dolans Court, Jamaica Plain, Boston, Massachusetts, USA
$1,294,000
$647/SF
Building Size
2,000 SF
Asset Type
MultiFamily
Closing
Feb 28, 2021
About this deal
AI
The multifamily property located at 2-4 Dolans Ct in Jamaica Plain, MA has been sold. The sale took place on 03/01/2021. The property, spanning 2,000 square feet, was listed by New City Investors LLC for an asking price of $1,298,000. The sale was facilitated by brokers Robert Nichols and Julian Addy from Boston Trust Realty Group. The property was ultimately sold for $1,294,000, resulting in a price per square foot of $647.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,294,000
- Address: 2-4 Dolans Ct, Jamaica Plain, MA
- Market: Jamaica Plain, MA
- Asking Price: $1,298,000
- Square Footage: 2,000
- Price per Square Foot: $647
The sale of this multifamily property at 2-4 Dolans Ct in Jamaica Plain, MA was facilitated by brokers Robert Nichols and Julian Addy from Boston Trust Realty Group. Their expertise and representation played a crucial role in ensuring the successful transaction. Robert Nichols and Julian Addy, from Boston Trust Realty Group, worked diligently to close the deal, showcasing their commitment to their clients and the real estate market in Jamaica Plain, MA.
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
12.26%
Cash-on-Cash
-3.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93