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2-4 Dolans Court, Jamaica P...

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
SOLDMultiFamily

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

Julian Addy

William Raveis Real Estate

Broker

$19.7M

vol

22 deals

Broker
Boston Trust Realty Group
Boston Trust Realty GroupBrokerage

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $647 per square foot on a published $1.3M for 2,000 square feet (2021).

Visit Robert Nichols to view all their deals.

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

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