Updated Dec 18, 2023
Trident Properties Acquires Multifamily Property In Boston For $1.04M
44 Dorset Street, Dorchester, Massachusetts 02125, United States
$1,041,000
$371/SF
Building Size
2,804 SF
Asset Type
MultiFamily
Closing
Feb 24, 2022
About this deal
AI
The multifamily property located at 42-44 Dorset St in Boston, MA has been sold for a price of $1,041,000. The property spans over 2,804 square feet, resulting in a price per square foot of $371.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,041,000
- Address: 42-44 Dorset St, Boston, MA
- Market: Boston, MA
The buyer's representative in this transaction is First Capital Realty Group LLC, represented by Trident Properties. On the other hand, Jennifer Warchal from William Raveis Real Estate - Boston - Back Bay acted as the seller's representative.
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
15.24%
Cash-on-Cash
-4.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93