Edge Real Estate Investments LLC Sells South Dorchester Multifamily Property For $1.232M With Brokers Laura & Jeff Similien @BTRGCommercial
392 Seaver St, Boston, MA 02121, USA
$1,232,000
$43/SF
Building Size
28,320 SF
Asset Type
MultiFamily
Closing
Apr 21, 2020
AI
The multifamily property located at 392 Seaver Street in South Dorchester has been sold for $1,232,000. The property spans 2,832 square feet and was sold at a price of $435.02 per square foot.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,232,000
- Square Footage: 2,832
- Price Per Square Foot: $435.02
- Address: 392 Seaver Street, South Dorchester
The seller of the property was Edge Real Estate Investments LLC. Laura and Jeff Similien from BTRG Commercial served as the brokers for this 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
12.88%
Cash-on-Cash
-3.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93