Updated Dec 19, 2023
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.
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
14.23%
Cash-on-Cash
-4.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93