facebook
Traded Co logo
Submit

Boston Commercial Realty Acquires Multifamily Property On Speedwell St For $1.1M

Property Image
SOLD
$1,105,000

Massachusetts

See Similar Deals
MultiFamily4,064 SF
Sold 01/24/2022
the dealplayerscompscontact
Property Image
SOLD

Boston Commercial Realty Acquires Multifamily Property On Speedwell St For $1.1M

34 Speedwell Street, Dorchester, Massachusetts 02122, United States

See Similar Deals
MultiFamily4,064 SF
Sold 01/24/2022
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$271
Total Square Footage:4,064 SF
Transaction Type:Sale

The multifamily property located at 34 Speedwell St in Boston, MA has recently sold in a closed transaction. The property consists of 3 units, with a total square footage of 4,064. The sale price for this asset was $1,105,000, resulting in a per unit price of $368,333. The price per square foot was calculated to be $272.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,105,000
  • Units: 3
  • Price Per Unit: $368,333
  • Square Footage: 4,064
  • Price Per Square Foot: $272
  • Address: 34 Speedwell St, Boston, MA
  • Market: Boston, MA

In this transaction, Laurence Tamkin from Boston Commercial Realty represented the buyer, while James Silva from At Home Real Estate Group, Inc represented the seller.

Players

8 deals$14.7M volume
BROKER

James Silva
5 deals$6.3M volume
BROKER

Details

SOLD
IMAGE: James Silva & Laurence Tamkin DATE: 01/24/2022 ADDRESS: 34 Speedwell St MARKET: Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Laurence Tamkin - Boston Commercial Realty SELLER'S REP: James Silva - At Home Real Estate Group, Inc SALE PRICE: $1,105,000 UNITS: 3 ~ PPU: $368,333 SF: 4,064 ~ PPSF: $272

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$58,933.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,925.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,238.26
Annual Debt Service$62,859.16