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373 Centre Street

Devin Wong Of Kava Realty Group Represents Buyer In Sale Of Boston Multifamily For $1.475M
SOLDMultiFamily

Devin Wong Of Kava Realty Group Represents Buyer In Sale Of Boston Multifamily For $1.475M

373 Centre Street

$1,475,000

$416/SF

Building Size

3,540 SF

Asset Type

MultiFamily

Closing

Oct 8, 2024

AI

373 Centre Street in Boston, MA, is a multifamily property that sold for $1,475,000. The asset consists of three units, encompassing a total of 3,540 square feet, with a price per unit of $491,667 and a price per square foot of $417.

Summary of transaction details:

The transaction involved Devin Wong representing the buyer and Lynda Le representing the seller, indicating the active role of real estate professionals in facilitating the deal. This closed transaction highlights the collaborative efforts of both representatives in the multifamily property market.

Players

Lynda Le

Thread Real Estate

Broker

$6.1M

vol

5 deals

Broker

Dorchester 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

10.75%

Cash-on-Cash

-3.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93