Boston Multifamily Sells For $1.36M On Crescent Ave Featuring 3 Units
61 Crescent Ave, Dorchester, Massachusetts 02125, United States
$1,360,000
$391/SF
Building Size
3,478 SF
Asset Type
MultiFamily
Closing
Feb 9, 2022
AI
A multifamily property located at 61 Crescent Ave in Boston, MA has been sold for a total price of $1,360,000. The property consists of 3 units, with each unit having an estimated price per unit of $453,333. The total square footage of the property is 3,478, resulting in a price per square foot of $391.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,360,000
- Address: 61 Crescent Ave
- Market: Boston, MA
The sale was facilitated by broker Esin Susol from Castles Unlimited. Esin Susol represented the seller/buyer/landlord/tenant in this transaction.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.66%
Cash-on-Cash
-3.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93