Updated Dec 21, 2023
Patrick Evans-Paul Acquires Multifamily Property In Dorchester, MA For $1.25M
40 Schuyler Street, Boston, MA, USA
$1,250,000
$196/SF
Building Size
6,352 SF
Asset Type
MultiFamily
Closing
Jul 1, 2021
About this deal
AI
Located at 40 Schuyler St in Dorchester, MA, this multifamily property was recently sold in a closed transaction. The property spans across 6,352 square feet and was sold for a price of $1,250,000, resulting in a price per square foot of $197. It consists of 2 units, with each unit being valued at $625,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Address: 40 Schuyler St, Dorchester, MA
- Market: Dorchester, MA
- Square Footage: 6,352
- Price per Square Foot: $197
- Number of Units: 2
- Price per Unit: $625,000
The seller of the property is Rokeya Begum, while the buyer is Patrick Evans-Paul.
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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93