Danny Zheng Acquires Multifamily Property In Boston, MA For $1.35M
32 Trull Street, Dorchester, Massachusetts 02125, United States
$1,350,000
$265/SF
Building Size
5,088 SF
Asset Type
MultiFamily
Closing
Feb 28, 2022
AI
Located at 30-32 Trull St in Boston, MA, this multifamily property was recently sold in a closed transaction. Spanning a total of 5,088 square feet, the property offers ample living space for its residents. The sale price for this property was $1,350,000, resulting in a price per square foot of $265.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,350,000
Danny Zheng of Keller Williams Realty represented the buyer in this transaction, while The Elaine Evans Group of Leading Edge Real Estate represented the seller. With their expertise and knowledge of the market, both parties successfully facilitated the sale of this multifamily property.
Boston 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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93