Updated Dec 4, 2024
Multifamily Property In South Boston, MA Sold For $1.31M With Buyer's Rep Dylan Costello & Seller's Rep Stephen McCarthy
327 K Street
$1,310,000
$451/SF
Building Size
2,903 SF
Asset Type
MultiFamily
Closing
Nov 30, 2023
About this deal
AI
A multifamily property located at 327 K Street in South Boston, MA has been sold for a total of $1.31 million. The property spans a total of 2,903 square feet and was sold at a price of $451 per square foot.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,310,000
- Address: 327 K Street
- Market: South Boston, MA
The buyer's representatives for this transaction were Dylan Costello, Farah Fakih, and James Carroll from Coldwell Banker. On the other hand, Stephen McCarthy from William Raveis Real Estate - Boston - Back Bay represented the seller.
Note: Coldwell Banker represented the buyer, with Dylan Costello, Farah Fakih, and James Carroll providing their support in the deal. Meanwhile, the seller was represented by Stephen McCarthy from William Raveis Real Estate - Boston - Back Bay.
On the Map
$1,310,000
$451/SF
MultiFamily
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South 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
12.11%
Cash-on-Cash
-3.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93