Compass Representative David Murdock Helps Facilitate $1.36M Sale Of Boston Multifamily Property
33 Harbor View St, Dorchester, Massachusetts 02125, United States
$1,359,500
$342/SF
Building Size
3,969 SF
Asset Type
MultiFamily
Closing
Dec 17, 2021
AI
The multifamily property located at 33 Harborview Street in Boston, MA has been recently sold. The transaction took place on December 17, 2021, as confirmed by the image shared on Instagram by Esin Susol. The property is comprised of 3 units, with a total of 3,969 square feet. The sale price for this multifamily asset was $1,359,500, after being listed with an asking price of $1,458,000. The price per unit comes to approximately $453,167, and the price per square foot is approximately $343.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,359,500
- Units: 3
- Price per Unit: $453,167
- Square Footage: 3,969
- Price per Square Foot: $343
- Address: 33 Harborview Street, Boston, MA
- Market: Boston, MA
David Murdock of Compass represented the buyer in this transaction, while Esin Susol of Castles Unlimited represented the seller. Their respective agencies played important roles in facilitating this property sale.
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
11.67%
Cash-on-Cash
-3.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93