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4 Dalrymple Street

Redfin Acquires Multifamily Property In Boston For $1.6M
SOLDMultiFamily

Redfin Acquires Multifamily Property In Boston For $1.6M

4 Dalrymple Street

$1,628,000

$382/SF

Building Size

4,256 SF

Asset Type

MultiFamily

Closing

Nov 6, 2023

AI

The multifamily property located at 4 Dalrymple Street in Boston, MA has recently been sold for a total price of $1,628,000. This property offers a spacious 4,256 square feet of living space, resulting in a price per square foot of $383. The transaction took place on November 6, 2023.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,628,000
  • Address: 4 Dalrymple Street, Boston, MA
  • Market: Boston, MA

The buyer's representative in this deal was Mark McGowan from Redfin, while the seller's representative was John McDonough from Red Tree Real Estate. Both parties played crucial roles in ensuring a successful transaction for their respective clients.

This transaction highlights the seamless collaboration between Mark McGowan from Redfin representing the buyer and John McDonough from Red Tree Real Estate representing the seller. Their expertise and negotiation skills played a fundamental role in facilitating the sale of this multifamily property at 4 Dalrymple Street in Boston, MA.

Players

John McDonough

Red Tree Real Estate

Broker

$15.7M

vol

3 deals

Broker

Jamaica Plain 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

9.74%

Cash-on-Cash

-2.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93