Boston Trust Realty Group And MIG Realty Sell Dorchester Multifamily For $875K
SOLD
$875,000
Massachusetts
See Similar DealsMultiFamily3,146 SF
Sold
SOLD
Boston Trust Realty Group And MIG Realty Sell Dorchester Multifamily For $875K
36 Havelock Street, Dorchester Center, MA, USA
See Similar DealsMultiFamily3,146 SF
Sold
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$278
Total Square Footage:3146 SF
Transaction Type:Sale
Located at 36 Havelock St in Dorchester, MA, this multifamily property has recently been sold. The transaction was facilitated by Julian Addy from Boston Trust Realty Group and MIG Realty. The sale took place on April 9, 2021, and the property was sold for a price of $875,000.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $875,000
- Address: 36 Havelock St, Dorchester, MA
- Market: Dorchester, MA
The property spans a total area of 3,146 square feet, resulting in a price per square foot of $278.13. It consists of three units, with each unit having an average price of $291,667.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$46,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,108.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,147.95
Annual Debt Service$49,775.36
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