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44 Floyd Street, Boston, MA...

Updated Dec 19, 2023

Ralph Jaeger Acquires Multifamily Property On Floyd Street In Dorchester Center, MA For $1.03M
SOLDMultiFamily

Ralph Jaeger Acquires Multifamily Property On Floyd Street In Dorchester Center, MA For $1.03M

44 Floyd Street, Boston, MA, USA

$1,038,500

$259/SF

Building Size

4,010 SF

Asset Type

MultiFamily

Closing

Jan 20, 2021

About this deal

AI

The multifamily property at 44 Floyd Street in Dorchester Center, MA has been sold in a recent transaction. The sale was completed on January 21, 2021, with Ralph Jaeger purchasing the property from Idamis Nunez. The transaction price for the property was $1,038,500. The property spans a total of 4,010 square feet, resulting in a price per square foot of $259. The property consists of three units, with an average price per unit of $346,167.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,038,500
  • Date: January 21, 2021
  • Address: 44 Floyd Street, Dorchester Center, MA
  • Market: Dorchester Center, MA
  • Buyer: Ralph Jaeger
  • Seller: Idamis Nunez
  • Square Footage: 4,010
  • Price per Square Foot: $259
  • Number of Units: 3
  • Price per Unit: $346,167

The sale of the property was facilitated by Ralph Jaeger, who represented himself in the deal. Idamis Nunez, the seller, did not have a representative involved in the transaction.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $259 per square foot on a published $1M for 4,010 square feet (2021).

Browse Massachusetts multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.27%

Cash-on-Cash

-4.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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