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345A Neponset Ave, Dorchest...

Updated Dec 21, 2023

Christine Tam Acquires Multifamily Property In Dorchester, MA From Anthony Tam
SOLDMultiFamily

Christine Tam Acquires Multifamily Property In Dorchester, MA From Anthony Tam

345A Neponset Ave, Dorchester, MA 02122, USA

$2,900,000

$440/SF

Building Size

6,578 SF

Asset Type

MultiFamily

Closing

Feb 11, 2021

About this deal

AI

The multifamily property located at 345 A Neponset Avenue in Dorchester, MA has been sold for $2,900,000. The property spans across 6,578 square feet, resulting in a price per square foot of $441. The sale took place on February 12, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $2,900,000
  • Square Footage: 6,578
  • Price Per Square Foot: $441
  • Address: 345 A Neponset Avenue, Dorchester, MA
  • Market: Dorchester, MA

The seller of the property was Anthony Tam, while the buyer was Christine Tam.

Players

Christine Tam

Buyer

$5.8M

vol

2 deals

Buyer

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $440 per square foot on a published $2.9M for 6,578 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.47%

Cash-on-Cash

-1.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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