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327 K Street

Multifamily Property In South Boston, MA Sold For $1.31M With Buyer's Rep Dylan Costello & Seller's Rep Stephen McCarthy
SOLDMultiFamily

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

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.

Players

Dylan Costello

Coldwell Banker

Broker

$17.6M

vol

8 deals

Broker

South Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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