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207 East Street

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

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

207 East Street

$1,950,000

$260/SF

Building Size

7,500 SF

Asset Type

MultiFamily

Closing

Mar 1, 2025

AI

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

Centre Realty Group

Broker

$4.8M

vol

2 deals

Broker

Dedham 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

8.13%

Cash-on-Cash

-2.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93