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319 Dartmouth Street, Bosto...

Michael Foley Of MJ Foley & Assoc., Inc. Acquires Multifamily Property In Boston, MA For $3.6M
SOLDMultiFamily

Michael Foley Of MJ Foley & Assoc., Inc. Acquires Multifamily Property In Boston, MA For $3.6M

319 Dartmouth Street, Boston, Massachusetts 02116, United States

$3,625,000

$980/SF

Building Size

3,696 SF

Asset Type

MultiFamily

Closing

Jun 30, 2022

AI

Located at 319 Dartmouth St Apt 1 in Boston, MA, this multifamily property was recently sold. The transaction took place on 07/01/2022, and the sale price was $3,625,000. The property offers 3,696 square feet of space, resulting in a price per square foot of $981.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,625,000
  • Address: 319 Dartmouth St Apt 1, Boston, MA
  • Market: Boston, MA

Michael Foley, representing MJ Foley & Assoc., Inc., acted as the buyer's representative in this transaction. On the other side, The Jowdy Group, representing RE/MAX Distinct Advantage, served as the seller's representative.

Please note that no additional information is available about this transaction.

Players

Michael Foley

Broker

$7.8M

vol

2 deals

Broker

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

4.38%

Cash-on-Cash

-1.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93