Updated Dec 19, 2023
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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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