Boston Commercial Realty Acquires Multifamily Property On Speedwell St For $1.1M
34 Speedwell Street, Dorchester, Massachusetts 02122, United States
$1,105,000
$271/SF
Building Size
4,064 SF
Asset Type
MultiFamily
Closing
Jan 23, 2022
AI
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
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
14.36%
Cash-on-Cash
-4.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93