Keller Williams Realty Acquires Multifamily Property In Milton, MA For $1.1M
SOLD
$1,100,000
Massachusetts
See Similar DealsMultiFamily3,000 SF
Sold 05/06/2022
SOLD
Keller Williams Realty Acquires Multifamily Property In Milton, MA For $1.1M
39-41 Dyer Avenue, Milton, Massachusetts 02186, United States
See Similar DealsMultiFamily3,000 SF
Sold 05/06/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$366
Total Square Footage:3,000 SF
Transaction Type:Sale
The property involved in this closed transaction is a multifamily asset located at 39-41 Dyer Ave in Milton, MA. The property spans approximately 3,000 square feet and was sold for a total price of $1,100,000, resulting in a price per square foot of $367.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Market: Milton, MA
- Buyer's Representative: Danny Zheng - Keller Williams Realty
- Seller's Representative: James Schindler - Boom Realty
Danny Zheng from Keller Williams Realty represented the buyer in this transaction, while James Schindler from Boom Realty represented the seller. Both parties played a crucial role in facilitating the smooth completion of this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73
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