Nicoline Lomas & Christine Do Facilitate $1.25M MultiFamily Sale In Boston, MA
4-6 Auckland Street
$1,250,000
$426/SF
Building Size
2,929 SF
Asset Type
MultiFamily
Closing
May 17, 2024
AI
A renovated 2-family home at 4-6 Auckland St in Boston's sought-after Savin Hill area sold for $1.25 million, boasting modernized interiors and convenient proximity to major amenities like downtown Boston, public transit, and UMass Boston. The property spans 2,929 square feet and was transacted at a price per unit of $625,000, with a price per square foot of $427.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $1,250,000
- Units: 2
- Square Footage: 2,929
- Price per Unit: $625,000
- Price per Square Foot: $427
- Address: 4-6 Auckland Street
- Market: Boston, MA
Nicoline Lomas from William Raveis Real Estate served as the buyer's representative, while Christine Do from Keller Williams represented the seller in the transaction.
Players
Dorchester MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93