Updated Dec 21, 2023
Rock Hill Residential Group Facilitates $2.2M Multifamily Sale In Boston
39 Dustin Street, Boston, Massachusetts 02135, United States
$2,232,750
$744,250/SF
Building Size
3 SF
Asset Type
MultiFamily
Closing
Jun 1, 2023
About this deal
AI
The multifamily property located at 39 Dustin St in Boston, MA has been sold. The transaction was facilitated by broker Peter Racheotes from Rock Hill Residential Group. The sale took place on 01/06/2023 and the property was sold for a price of $2,232,750. The property spans across 3,946 square feet, resulting in a price per square foot of $566.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,232,750
- Date: 01/06/2023
- Address: 39 Dustin St, Boston, MA
- Market: Boston, MA
- Broker: Peter Racheotes - Rock Hill Residential Group
- Square Footage: 3,946
- Price per Square Foot: $566
This transaction signifies the successful sale of the multifamily property, showcasing the expertise of broker Peter Racheotes from Rock Hill Residential Group. With his representation, the property was sold for a considerable amount, reflecting its value in the market. The property, situated at 39 Dustin St in Boston, MA, spans a total of 3,946 square feet, resulting in a price per square foot of $566.
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Brighton 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
7.10%
Cash-on-Cash
-2.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93