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20 Everett Street

Updated Dec 4, 2024

Peter Kelly Represents Buyer In $1.45M Multifamily Sale In Boston, MA
SOLDMultiFamily

Peter Kelly Represents Buyer In $1.45M Multifamily Sale In Boston, MA

20 Everett Street

$1,450,000

$400/SF

Building Size

3,618 SF

Asset Type

MultiFamily

Closing

Mar 7, 2024

About this deal

AI

A multifamily property situated at 20 Everett Street in Boston, MA, was sold for $1,450,000. The property spans 3,618 square feet, resulting in a price per square foot of $401.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,450,000
  • Address: 20 Everett Street
  • Market: Boston, MA

Peter Kelly of Kelly Group Properties served as the buyer's representative in the transaction, while William Raveis Real Estate represented the seller. The deal was successfully closed on 03/07/2024.

The multifamily sale at 20 Everett Street in Dorchester, Massachusetts sold for $1.5M in 2024. The building is 3,618 square feet, implying about 400 per square foot on the published price. Peter Kelly, Kelly Group Properties appear on the sale alongside Kelly Group Properties. This page is the Dorchester, Massachusetts file for the 20 Everett Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Dorchester sit in the Market section below. Filter that Dorchester multifamily set by closing date to see what else sold near 20 Everett Street around 2024. Published consideration for 20 Everett Street is $1.5M, dated 2024. Cite this Peter Kelly Represents Buyer In $1.45M Multifamily Sale In Boston, MA sale when underwriting similar multifamily product around Dorchester, Massachusetts.

Players

Peter Kelly

Kelly Group Properties

Broker

$2.6M

vol

2 deals

Broker

Dorchester MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $400 per square foot on a published $1.5M for 3,618 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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