Keller Williams Realty Acquires Multifamily Property In Boston For $1.08M
SOLD
$1,080,000
Massachusetts
See Similar DealsMultiFamily3,791 SF
Sold 03/07/2022
SOLD
Keller Williams Realty Acquires Multifamily Property In Boston For $1.08M
21 Rockwell Street, Dorchester, Massachusetts 02124, United States
See Similar DealsMultiFamily3,791 SF
Sold 03/07/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$284
Total Square Footage:3,791 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,600.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,837.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,119.75
Annual Debt Service$61,437.01
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