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21 Rockwell Street, Dorches...

Updated Dec 21, 2023

Keller Williams Realty Acquires Multifamily Property In Boston For $1.08M
SOLDMultiFamily

Keller Williams Realty Acquires Multifamily Property In Boston For $1.08M

21 Rockwell Street, Dorchester, Massachusetts 02124, United States

$1,080,000

$284/SF

Building Size

3,791 SF

Asset Type

MultiFamily

Closing

Mar 6, 2022

About this deal

AI

A multifamily property located at 21 Rockwell St in Boston, MA has been sold for a total of $1,080,000. The property spans approximately 3,791 square feet, resulting in a price per square foot of $285.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,080,000
  • Address: 21 Rockwell St, Boston, MA
  • Market: Boston, MA
  • Property SF: 3,791
  • Price Per Square Foot: $285

The buyer's representative for this transaction was Zhonghui Zhu from Keller Williams Realty, while the seller's representative was Michelle Anglin from Legal Realty.

Players

Zhonghui Zhu

Broker

$9.3M

vol

6 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $284 per square foot on a published $1.1M for 3,791 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.69%

Cash-on-Cash

-4.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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