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20 Harlem Street, Dorcheste...

Updated Dec 19, 2023

Carlos Ramos Of Century 21 North East Represents Buyer In $1.1M Multifamily Sale In Boston, MA
SOLDMultiFamily

Carlos Ramos Of Century 21 North East Represents Buyer In $1.1M Multifamily Sale In Boston, MA

20 Harlem Street, Dorchester, Massachusetts 02121, United States

$1,115,000

$276/SF

Building Size

4,029 SF

Asset Type

MultiFamily

Closing

Jan 2, 2022

About this deal

AI

Located at 20 Harlem St in Boston, MA, this multifamily property was recently sold for a total of $1,115,000. The property spans across 4,029 square feet, resulting in a price per square foot of $277. Carlos Ramos of Century 21 North East represented the buyer in this transaction, while Suzanne Gelven of Realty Express - Lakeville represented the seller.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,115,000
  • Address: 20 Harlem St, Boston, MA
  • Market: Boston, MA
  • Buyer's Representative: Carlos Ramos - Century 21 North East
  • Seller's Representative: Suzanne Gelven - Realty Express - Lakeville

Carlos Ramos from Century 21 North East played a crucial role as the buyer's representative, ensuring a smooth transaction. On the other hand, Suzanne Gelven from Realty Express - Lakeville represented the seller throughout the deal, offering expert guidance. These dedicated professionals contributed to the successful completion of the sale.

Players

Suzanne Gelven

Broker

$2.4M

vol

2 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $276 per square foot on a published $1.1M for 4,029 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.23%

Cash-on-Cash

-4.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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