Updated Dec 4, 2024
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
About this deal
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.
On the Map
$1,000,000
$259/SF
MultiFamily
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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