Updated Dec 21, 2023
Daniel Chak Acquires Multifamily Property On Alpha Rd In Dorchester Center, MA
51 Alpha Rd, Boston, MA, USA
$1,105,000
$334/SF
Building Size
3,306 SF
Asset Type
MultiFamily
Closing
Jul 1, 2021
About this deal
AI
The multifamily property located at 51 Alpha Rd in Dorchester Center, MA has been sold. The transaction took place on July 2, 2021. The property spans across 3,306 square feet and was sold for a price of $1,105,000. This amounts to an average price per square foot of $334. The property consists of 3 units, with an average price per unit of $368,333.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,105,000
- Address: 51 Alpha Rd, Dorchester Center, MA
- Market: Dorchester Center, MA
- Square Footage: 3,306
- Price per Square Foot: $334
- Number of Units: 3
- Price per Unit: $368,333
The seller of the property was Lauren Lavery, while the buyer was Daniel Chak.
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
14.36%
Cash-on-Cash
-4.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93