Updated Dec 21, 2023
Olde Towne Real Estate Co. Represents Buyer In $1.21M Multifamily Sale On Ashmont St, Boston
393 Ashmont Street, Dorchester, Massachusetts 02124, United States
$1,210,000
$298/SF
Building Size
4,061 SF
Asset Type
MultiFamily
Closing
Jan 23, 2022
About this deal
AI
The multifamily property located at 393 Ashmont St in Boston, MA has been sold for a total price of $1,210,000. The property encompasses 4,061 square feet, resulting in a price per square foot of $298.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,210,000
- Date: 12/30/2021
- Address: 393 Ashmont St
- Market: Boston, MA
The buyer's representative in this transaction was Annmarie Otoole from Olde Towne Real Estate Co., while the seller's representative was Executive Realty.
The multifamily sale at 393 Ashmont Street, Dorchester, Massachusetts 02124, United States in Boston, Massachusetts sold for $1.2M in 2022. The building is 4,061 square feet, implying about 298 per square foot on the published price. Named participants on the 393 Ashmont Street, Dorchester, Massachusetts 02124, United States sale are Annmarie Otoole. This page is the Boston, Massachusetts file for the 393 Ashmont Street, Dorchester, Massachusetts 02124, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 393 Ashmont Street, Dorchester, Massachusetts 02124, United States around 2022. Published consideration for 393 Ashmont Street, Dorchester, Massachusetts 02124, United States is $1.2M, dated 2022. Cite this Olde Towne Real Estate Co. Represents Buyer In $1.21M Multifamily Sale On Ashmont St, Boston sale when underwriting similar multifamily product around Boston, Massachusetts.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.11%
Cash-on-Cash
-3.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93