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
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