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MIG Realty Brokers Acquire Multifamily Property In Dedham, MA For $1.05M

Property Image
SOLD
$1,050,000

Massachusetts

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MultiFamily3,775 SF
Sold 01/07/2022
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Property Image
SOLD

MIG Realty Brokers Acquire Multifamily Property In Dedham, MA For $1.05M

291 East Street, Dedham, Massachusetts 02026, United States

See Similar Deals
MultiFamily3,775 SF
Sold 01/07/2022
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$278
Total Square Footage:3,775 SF
Transaction Type:Sale

Located at 291 East St in Dedham, MA, this multifamily property was recently sold in a transaction facilitated by Hakim Sadler and Jeff Ravelo of MIG Realty. The sale took place on January 7, 2022.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,050,000
  • Units: 3
  • Price per Unit: $350,000
  • Square Footage: 3,775
  • Price per Square Foot: $278
  • Market: Dedham, MA

With a total of 3 units, this multifamily property spans across 3,775 square feet, resulting in a price per unit of $350,000. The transaction closed at a price of $1,050,000, making the price per square foot $278.

Hakim Sadler and Jeff Ravelo of MIG Realty acted as the brokers in this deal, representing the parties involved.

Players

Jeff Ravelo
16 deals$26.1M volume
BROKER

Hakim Sadler
MIG Realty
34 deals$68.3M volume
BROKER

Boston Trust Realty Group
BROKERAGE

Details

SOLD
IMAGE: Jeff Ravelo & Hakim Sadler DATE: 01/07/2022 ADDRESS: 291 East St MARKET: Dedham, MA ASSET TYPE: Multifamily BROKERS: Hakim Sadler & Jeff Ravelo (@Jeff.Ravelo) - MIG Realty (@MigRealty) SALE PRICE: $1,050,000 UNITS: 3 ~ PPU: $350,000 SF: 3,775 ~ PPSF: $278

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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