Updated Sep 9, 2024
Hakim Sadler's MIG Realty Sells Multifamily Property On Sutton St, Mattapan For $1.1M
3 Sutton Street, Mattapan, Massachusetts, USA
$1,100,000
$209/SF
Building Size
5,263 SF
Asset Type
MultiFamily
Closing
Sep 2, 2021
About this deal
AI
The multifamily property located at 3 Sutton St in Mattapan, MA has been sold for $1,100,000. This property spans 5,263 square feet, resulting in a price per square foot of $209. The transaction took place on 09/02/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
The sale of this property was facilitated by broker Hakim Sadler from MIG Realty. Hakim Sadler represented the buyer or seller in this transaction.
The multifamily sale at 3 Sutton Street, Mattapan, Massachusetts, USA in Boston, Massachusetts sold for $1.1M in 2021. The building is 5,263 square feet, implying about 209 per square foot on the published price. Hakim Sadler, Boston Trust Realty Group, MIG Realty appear on the sale alongside Boston Trust Realty Group, MIG Realty. This page is the Boston, Massachusetts file for the 3 Sutton Street, Mattapan, Massachusetts, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 3 Sutton Street, Mattapan, Massachusetts, USA around 2021. Published consideration for 3 Sutton Street, Mattapan, Massachusetts, USA is $1.1M, dated 2021. Cite this Hakim Sadler's MIG Realty Sells Multifamily Property On Sutton St, Mattapan For $1.1M sale when underwriting similar multifamily product around Boston, Massachusetts.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93