Multifamily Property In Dorchester, MA Sold For $1M With Buyer's Rep Joanna Norbrun & Seller's Rep Jean Raymond
306 Talbot Avenue
$1,000,000
$259/SF
Building Size
3,847 SF
Asset Type
MultiFamily
Closing
Oct 13, 2023
AI
A multifamily property located at 306 Talbot Avenue in Dorchester, MA has been sold for $1,000,000. The property spans 3,847 square feet, resulting in a price per square foot of $260.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $1,000,000
- Square Footage: 3,847
- Price Per Square Foot: $260
- Address: 306 Talbot Avenue, Dorchester, MA
- Market: Dorchester, MA
The buyer, represented by Joanna Norbrun of Thumbprint Realty, acquired the property from the seller, represented by Jean Raymond of Precision Home Realty.
Players
Dorchester Center 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93