Updated Dec 21, 2023
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
About this deal
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.
On the Map
$1,105,000
$271/SF
MultiFamily
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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
14.36%
Cash-on-Cash
-4.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93