Boston Bayside Properties, LLC Acquires Multifamily Property For $1.16M With Buyer's Rep James Harrison & Seller's Rep Leo Cronin
49 Milwood Street, Dorchester Center, MA 02124
$1,165,000
$337/SF
Building Size
3,456 SF
Asset Type
MultiFamily
Closing
Jul 14, 2020
AI
The multifamily property located at 49 Milwood St. in Boston, MA was recently sold for a price of $1,165,000. The property spans across 3,456 square feet, resulting in a price per square foot of $337.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,165,000
- SF: 3,456
- PPSF: $337
- Seller's Representative: Leo Cronin - Cronin Real Estate
- Buyer's Representative: James Harrison - Boston Bayside Properties, LLC
The sale of this multifamily property was facilitated by Leo Cronin from Cronin Real Estate, representing the seller, and James Harrison from Boston Bayside Properties, LLC, representing the buyer.
Players
Dorchester Center 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
13.62%
Cash-on-Cash
-3.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93