Updated Dec 4, 2024
28 Ballou Avenue Multifamily Sold For $1.04M With Keller Williams Realty As Buyer's Rep
28 Ballou Avenue
$1,040,000
$265/SF
Building Size
3,911 SF
Asset Type
MultiFamily
Closing
Nov 14, 2023
About this deal
AI
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.
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
15.25%
Cash-on-Cash
-4.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93