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30 Howland Street, Dorchest...

Updated Dec 21, 2023

Stuart St James, Inc. Facilitates $1.17M Multifamily Sale On Howland St, Boston
SOLDMultiFamily

Stuart St James, Inc. Facilitates $1.17M Multifamily Sale On Howland St, Boston

30 Howland Street, Dorchester, Massachusetts 02121, United States

$1,170,000

$224/SF

Building Size

5,222 SF

Asset Type

MultiFamily

Closing

Mar 7, 2022

About this deal

AI

The multifamily property located at 30 Howland St in Boston, MA has been sold in a recent transaction. The property spans a total of 5,222 square feet and was sold for a price of $1,170,000. The price per square foot for this transaction is calculated to be $224.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,170,000
  • Address: 30 Howland St, Boston, MA
  • Market: Boston, MA

The sale of this multifamily property was facilitated by broker Steven Mathieu from Stuart St James, Inc. representing one of the parties involved in the transaction.

Players

Steven Mathieu

Stuart St James

Broker

$1.2M

vol

1 deal

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $224 per square foot on a published $1.2M for 5,222 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.56%

Cash-on-Cash

-3.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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