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Ocean Realty Acquires Multifamily Asset At 207 East Street Dedham For $1.95M With Broker Niko Stafford

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SOLD
$1,950,000

Massachusetts

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MultiFamily7,500 SF
Sold 03/01/2025
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Property Image
SOLD

Ocean Realty Acquires Multifamily Asset At 207 East Street Dedham For $1.95M With Broker Niko Stafford

207 East Street

See Similar Deals
MultiFamily7,500 SF
Sold 03/01/2025
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$260
Total Square Footage:7,500 SF
Transaction Type:Sale

A multifamily property located at 207 East Street in Dedham, MA has been sold. This asset consists of 7 units and has a total square footage of 7,500. The sale price for the property was $1,950,000, resulting in a per unit price of $278,571 and a price per square foot of $260.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,950,000
  • Units: 7
  • Square Footage: 7,500
  • Price Per Unit: $278,571
  • Price Per Square Foot: $260
  • Buyer: Ocean Realty
  • Buyer's Representative: Niko Stafford - Centre Realty Group
  • Market: Dedham, MA

The transaction involved Ocean Realty as the buyer, represented by Niko Stafford of Centre Realty Group. This information highlights the key individuals facilitating the sale of the property.

Players

Niko Stafford
2 deals$4.8M volume(774) 808-1091
BROKER

Details

SOLD
IMAGE: Niko Stafford DATE: 03/01/2025 ADDRESS: 207 East Street MARKET: Dedham, MA ASSET TYPE: Multifamily BUYER: Ocean Realty BUYER'S REP: Niko Stafford (@Nikostafford_Realtor) - Centre Realty Group (@CentreRealty) SALE PRICE: $1,950,000 UNITS: 7 ~ PPU: $278,571 SF: 7,500 ~ PPSF: $260

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$103,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,927.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,243.99
Annual Debt Service$110,927.94