facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

6 Taft St, Dorchester, MA, USA

Updated Dec 20, 2023

Steven Phu & Yingying Zhang Acquire Dorchester Multifamily Property For $1.176M
SOLDMultiFamily

Steven Phu & Yingying Zhang Acquire Dorchester Multifamily Property For $1.176M

6 Taft St, Dorchester, MA, USA

$1,176,000

$351/SF

Building Size

3,348 SF

Asset Type

MultiFamily

Closing

Aug 15, 2021

About this deal

AI

An multifamily property located at 6 Taft St in Dorchester, MA has been sold on August 16, 2021. The property consists of 3 units with a total area of 3,348 square feet. The sale price for this transaction was $1,176,000, resulting in a price per unit of $392,000 and a price per square foot of $351.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,176,000
  • Address: 6 Taft St, Dorchester, MA
  • Market: Dorchester, MA
  • Buyer: Steven Phu & Yingying Zhang
  • Seller: Zhifang Lin & Kelly N. Lian
  • Units: 3
  • Price per Unit: $392,000
  • Total Area: 3,348 square feet
  • Price per Square Foot: $351

The buyers in this transaction are represented by Steven Phu & Yingying Zhang. On the other hand, the sellers are represented by Zhifang Lin & Kelly N. Lian.

Players

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $351 per square foot on a published $1.2M for 3,348 square feet (2021).

Browse Boston multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.49%

Cash-on-Cash

-3.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets