Updated Dec 4, 2024
Multifamily Property In Dorchester Sold For $1.1M With Buyer's Rep Berkshire Hathaway & Seller's Rep Coldwell Banker
5-7 Rosselerin Road
$1,100,000
$391/SF
Building Size
2,812 SF
Asset Type
MultiFamily
Closing
Sep 15, 2023
About this deal
AI
A multifamily property located at 5-7 Rosselerin Road in Dorchester, Massachusetts recently sold for $1.1 million. The property spans 2,812 square feet, with a price per square foot of $391.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 5-7 Rosselerin Road, Dorchester, MA
- Market: Dorchester, MA
- Buyer's Rep: Catherine Kenney - Berkshire Hathaway Homeservices Commonwealth Real Estate
- Seller's Rep: Kim Powers - Coldwell Banker Realty - Milton
The buyer was represented by Catherine Kenney of Berkshire Hathaway Homeservices Commonwealth Real Estate, while Kim Powers of Coldwell Banker Realty - Milton represented the seller. The transaction marks the successful sale of a multifamily property in Dorchester, Massachusetts.
Players
Dorchester 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93