Updated Oct 28, 2024
52 McLellan St In Dorchester, MA Sells For $1.225M To 52 McLellan St Dev LLC
52 McLellan Street, Boston, MA, USA
$1,225,000
$244/SF
Building Size
5,004 SF
Asset Type
MultiFamily
Closing
Jun 3, 2021
About this deal
AI
Located in Dorchester, MA, the multifamily property at 52 McLellan St has been sold in a recent transaction. The property encompasses a total area of 5,004 square feet, with a price per square foot of $245. It consists of 3 units, with each unit valued at approximately $408,333.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,225,000
- Address: 52 McLellan St
- Market: Dorchester, MA
The seller of the property was Robert V. Wallace Jr, while the buyer was 52 Mclellan St Dev LLC. Both parties were represented by their respective brokers.
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
12.95%
Cash-on-Cash
-3.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93