Updated Sep 9, 2024
Foley/Federico Team Acquires South Boston Multifamily For $2.9M
326 Dorchester Street, Boston, MA, USA
$2,900,000
$713/SF
Building Size
4,062 SF
Asset Type
MultiFamily
Closing
Jul 31, 2021
About this deal
AI
Located at 326 Dorchester St in South Boston, this multifamily property was recently sold for a total of $2,900,000. Spanning across 4,062 square feet, the property boasts a price per square foot of $714. The transaction took place on August 1, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,900,000
- Address: 326 Dorchester St
- Market: South Boston
- Square Footage: 4,062
- Price per Square Foot: $714
The sale of this property was facilitated by the Foley/Federico Team from Greater Metropolitan Real Estate. The brokers involved in the deal were Ryan Bartlett, Ryan Foley, and John Federico.
On the Map
$2,900,000
$713/SF
MultiFamily
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Players
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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93