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32 Saxton Street

Dorchester Multifamily Sells For $1.15M With Mohawk Real Estate Brokers
SOLDMultiFamily

Dorchester Multifamily Sells For $1.15M With Mohawk Real Estate Brokers

$1,150,000

$326/SF

Building Size

3,522 SF

Asset Type

MultiFamily

Closing

Oct 23, 2023

AI

A multifamily property located at 32 Saxton Street in Dorchester, MA, has been sold for $1.15 million. The transaction was facilitated by brokers Michael W. Collins and Scott Collins of Mohawk Real Estate. The property spans 3,522 square feet, and the price per square foot comes to $327.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,150,000
  • Address: 32 Saxton Street, Dorchester, MA
  • Market: Dorchester, MA
  • Broker: Michael W. Collins & Scott Collins - Mohawk Real Estate
  • Square Footage: 3,522
  • Price per Square Foot: $327

The transaction involved brokers Michael W. Collins and Scott Collins from Mohawk Real Estate who facilitated the deal for the multifamily property located at 32 Saxton Street in Dorchester, MA.

Players

Scott Collins

Mohawk Real Estate

Broker

$1.2M

vol

1 deal

Broker

Market 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

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93