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25 Hecla Street

Daniel Danon Of Pradium Realty Represents Buyer In $1.195M Dorchester Multifamily Sale
SOLDMultiFamily

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:

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

Jackie Rooney

Rooney Real Estate

Broker

$22M

vol

13 deals

Broker

Dorchester MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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