Updated Oct 29, 2024
Second Hunter LLC Acquires Multifamily Property In Mattapan For $1M
59 Wilcock St, Boston, MA 02124, USA
$1,000,000
$22/SF
Building Size
44,850 SF
Asset Type
MultiFamily
Closing
May 10, 2020
About this deal
AI
The multifamily property located at 59 Wilcock Street in Mattapan has been sold. The property spans 4,485 square feet and consists of 3 units. The sale took place on May 11, 2020, with a sale price of $1,000,000. This translates to a price per square foot of $222.97. The buyer of the property is Second Hunter LLC, while the seller is Deschamp Group Llc.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Square Footage: 4,485
- Price per Square Foot: $222.97
- Units: 3
- Buyer: Second Hunter LLC
- Seller: Deschamp Group Llc
Second Hunter LLC, represented by their broker, was the buyer in this transaction. The Deschamp Group Llc, represented by their broker, was the seller. The sale of this multifamily property in Mattapan marks a significant real estate deal in the area.
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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93