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28 Ballou Avenue Multifamily Sold For $1.04M With Keller Williams Realty As Buyer's Rep
SOLD
$1,040,000
Massachusetts
See Similar DealsMultiFamily3,911 SF
Sold 11/14/2023
SOLD
28 Ballou Avenue Multifamily Sold For $1.04M With Keller Williams Realty As Buyer's Rep
28 Ballou Avenue
See Similar DealsMultiFamily3,911 SF
Sold 11/14/2023
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$265
Total Square Footage:3,911 SF
Transaction Type:Sale
In Dorchester, MA, a multifamily property at 28 Ballou Avenue was successfully sold for $1,040,000. The property consists of 3,911 square feet and sold at a price of $266 per square foot.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,040,000
- Date: 11/14/2023
- Address: 28 Ballou Avenue, Dorchester, MA
- Market: Dorchester, MA
Keller Williams Realty represented the buyer in the transaction, while Curtis Howe of Howe Realty Group served as the seller's representative.
NOTE: The buyer's representative in the transaction was Keller Williams Realty, and the seller's representative was Curtis Howe of Howe Realty Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,694.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,930.13
Annual Debt Service$59,161.57
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