MIG Realty Brokers Acquire Multifamily Property In Dedham, MA For $1.05M
291 East Street, Dedham, Massachusetts 02026, United States
$1,050,000
$278/SF
Building Size
3,775 SF
Asset Type
MultiFamily
Closing
Jan 7, 2022
AI
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
Dedham 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93