Christine Do & John O'Toole Close Multifamily Sale On Adams Street For $1.11M
29 Adams Street
$1,110,000
$396/SF
Building Size
2,802 SF
Asset Type
MultiFamily
Closing
Mar 26, 2024
AI
A 4-bed, 2-bath multi-family home on 29 Adams St, Dorchester sold for $1.11M. This renovated property features a large lot, 6+ car garage, and close proximity to public transportation.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,110,000
- Units: 2
- Price Per Unit: $555,000
- Square Footage: 2,802
- Price Per Square Foot: $396
- Address: 29 Adams Street
- Market: Boston, MA
The buyer's representative for this transaction was Christine Do from Keller Williams, while the seller's representative was John O'Toole from Olde Towne Real EstateCo.
Players
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
14.29%
Cash-on-Cash
-4.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93