Danny Griffin & Yansi Morale Facilitate $1.1M Multifamily Property Sale In Dorchester
23 Hansborough Street
$1,100,000
$246/SF
Building Size
4,464 SF
Asset Type
MultiFamily
Closing
Apr 16, 2024
AI
Located at 23 Hansborough Street in Dorchester, MA, this multifamily property was recently sold for $1,100,000. The transaction involved a total of 4,464 square feet, translating to a price per square foot of $246. The property consists of three units, each featuring a living room, dining room, kitchen, and three bedrooms. Its convenient location near highways and shopping centers adds to its appeal.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Square Footage: 4,464
- Address: 23 Hansborough Street, Dorchester, MA
- Market: Dorchester, MA
The buyer in this transaction was represented by Danny Griffin from Griffin Realty Group, while Yansi Morales from YMRE served as the seller's representative. Both parties played crucial roles in facilitating the sale of this multifamily property in Dorchester, MA.
Players
Dorchester Center 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93