Updated Dec 4, 2024
Coldwell Banker Acquires Multifamily Property In Dorchester, MA For $1.325M
29 South Munroe Terrace
$1,325,000
$296/SF
Building Size
4,473 SF
Asset Type
MultiFamily
Closing
Sep 8, 2023
About this deal
AI
A multifamily property located at 29 South Munroe Terrace in Dorchester, Massachusetts, was sold for $1.325 million. The property offers 4,473 square feet of space, resulting in a price per square foot of $296.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,325,000
- Address: 29 South Munroe Terrace, Dorchester, MA
- Market: Dorchester, MA
The buyer's representative for this deal was Dylan Costello & Team from Coldwell Banker, while the seller's representative was Charles Maneikis from The Maneikis Companies, Inc.
On the Map
$1,325,000
$296/SF
MultiFamily
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Players
Dorchester 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
11.97%
Cash-on-Cash
-3.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93