Updated Dec 19, 2023
Hung V. Le & Thu L. Le Acquire Multifamily Property In Dorchester, MA For $1.3M
35 Ellington St, Boston, MA, USA
$1,300,000
$203/SF
Building Size
6,381 SF
Asset Type
MultiFamily
Closing
Sep 16, 2021
About this deal
AI
The multifamily property located at 35 Ellington St in Dorchester, MA has been sold in a transaction that closed on September 17, 2021. The property consists of 3 units, with an average price per unit of $433,333. The total square footage of the property is 6,381, resulting in a price per square foot of $204.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 35 Ellington St, Dorchester, MA
- Market: Dorchester, MA
- Buyer: Hung V. Le & Thu L. Le
- Seller: Kandaraj Krishnakumar
- Units: 3
- Average Price Per Unit: $433,333
- Total Square Footage: 6,381
- Price Per Square Foot: $204
The buyers in this transaction are Hung V. Le & Thu L. Le, while the seller is Kandaraj Krishnakumar.
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93