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31 Woolson St, Mattapan, MA...

Updated Oct 28, 2024

Brutus First Class Realty Acquires Multifamily Property In Mattapan, MA For $1.15M
SOLDMultiFamily

Brutus First Class Realty Acquires Multifamily Property In Mattapan, MA For $1.15M

31 Woolson St, Mattapan, MA, USA

$1,150,000

$231/SF

Building Size

4,978 SF

Asset Type

MultiFamily

Closing

Jun 15, 2021

About this deal

AI

The multifamily property located at 31 Woolson St in Mattapan, MA has been sold. The property spans 4,978 square feet and was sold for a total price of $1,150,000. This equates to a price per square foot of $231. The property consists of 3 units, with each unit priced at an average of $383,333.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,150,000
  • Square Footage: 4,978
  • Address: 31 Woolson St
  • Market: Mattapan, MA

The sellers of the property were Demark A. Davis and Iris M. Davis. The buyers, Brutus First Class Realty, successfully acquired the property in this transaction.

Please note: No additional information is available regarding the deal.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $231 per square foot on a published $1.2M for 4,978 square feet (2021).

Browse Boston multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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