Updated Sep 9, 2024
Dorchester Multifamily Sells For $1.448M With Esin Susol's Rep At Castles Unlimited
55 Mt Vernon St, Dorchester, Massachusetts, USA
$1,448,000
$377/SF
Building Size
3,834 SF
Asset Type
MultiFamily
Closing
Jul 20, 2021
About this deal
AI
A multifamily property located at 55 Mt.Vernon St in Dorchester, MA has been sold. The property spans 3,834 square feet and was sold for a total price of $1,448,000. The listing price for the property was $1,388,000, with a price per square foot of $378.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,448,000
- Address: 55 Mt.Vernon St, Dorchester, MA
- Market: Dorchester, MA
- Broker: Esin Susol @listwithesin - Esin Susol Team - Castles Unlimited @castlesunlimited
Esin Susol, from the Esin Susol Team at Castles Unlimited, represented the buyer and/or seller in this 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
10.96%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93