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

Property Image
SOLD
$1,195,000

Massachusetts

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MultiFamily3,177 SF
Sold 03/21/2024
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Property Image
SOLD

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

25 Hecla Street

See Similar Deals
MultiFamily3,177 SF
Sold 03/21/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$376
Total Square Footage:3,177 SF
Transaction Type:Sale

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
13 deals$22M volume
BROKER

Daniel Danon
Pradium Realty
1 deal$1.2M volume(617) 610-4299
BROKER

Details

SOLD
IMAGE: Jackie Rooney & Daniel Danon DATE: 03/21/2024 ADDRESS: 25 Hecla Street MARKET: Dorchester, MA ASSET TYPE: Multifamily BUYER'S REP: Daniel Danon - Pradium Realty (@PradiumRealty) SELLER'S REP: Jackie Rooney - Rooney Real Estate (@RooneyRE) SALE PRICE: $1,195,000 UNITS: 3 ~ PPU: $398,333 SF: 3,177 ~ PPSF: $376 NOTE: 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.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$63,733.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,245.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,664.91
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