Daniel Danon Of Pradium Realty Represents Buyer In $1.195M Dorchester Multifamily Sale
25 Hecla Street
$1,195,000
$376/SF
Building Size
3,177 SF
Asset Type
MultiFamily
Closing
Mar 21, 2024
AI
A recently updated Three-Family investment property at 25 Hecla St in Boston, MA, sold for $1,195,000, boasting nine beds, three baths, and 3,177 square feet of space. Renovated in 2012, it generates $98,400 in yearly rent with potential for $110,000, offering amenities like front & back decks, HVAC, and convenient parking, located near Dot Ave shops and restaurants with easy access to Shawmut T Station.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,195,000
- Units: 3
- Price Per Unit: $398,333
- Square Footage: 3,177
- Price Per Square Foot: $376
- Address: 25 Hecla Street, Dorchester, MA
- Market: Dorchester, MA
- Buyer's Rep: Jackie Rooney - Rooney Real Estate
- Seller's Rep: Daniel Danon - Pradium Realty
Jackie Rooney represented the buyer, while Daniel Danon represented the seller in the transaction for the three-family property in Dorchester. Both agents played crucial roles in facilitating the successful sale of the investment property.
Players
Dorchester 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
13.27%
Cash-on-Cash
-3.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93