Updated Dec 20, 2023
Evan Griffith & Tony Pepdjonovic Of Marcus & Millichap Sell Multifamily Property In Boston, MA For $1.195M
372 Dorchester Street, Boston, MA, USA
$1,195,000
$471/SF
Building Size
2,536 SF
Asset Type
MultiFamily
Closing
Nov 24, 2021
About this deal
AI
The multifamily property located at 372 Dorchester St in Boston, MA has been sold. The sale was facilitated by brokers Evan Griffith and Tony Pepdjonovic from Marcus & Millichap.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,195,000
- Address: 372 Dorchester St, Boston, MA
- Market: Boston, MA
- Units: 3
- Price per Unit (PPU): $398,333
- Total Square Footage: 2,536
- Price per Square Foot (PPSF): $471
Evan Griffith and Tony Pepdjonovic from Marcus & Millichap played a crucial role as the brokers representing the parties involved in the sale of the multifamily property. Their expertise in the Boston, MA market contributed to the successful transaction.
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
13.27%
Cash-on-Cash
-3.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93