Updated Dec 21, 2023
Jerome Duval Acquires Dorchester Multifamily From Daniel W. Oconnor For $1.5M
21 Buttonwood Street, Dorchester, Massachusetts, USA
$1,525,000
$724/SF
Building Size
2,105 SF
Asset Type
MultiFamily
Closing
Apr 30, 2020
About this deal
AI
A multifamily property located at 21 Buttonwood St in Dorchester, MA, was recently sold for $1,525,000. The property spans 2,105 square feet, resulting in a price per square foot of $724. This property consists of 2 units, with each unit being sold at a price of $762,500.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,525,000
- Address: 21 Buttonwood St, Dorchester, MA
- Market: Dorchester, MA
- Seller: Daniel W. Oconnor
- Buyer: Jerome Duval
The seller of the property was Daniel W. Oconnor, while the buyer was Jerome Duval.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.40%
Cash-on-Cash
-2.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93