Updated Dec 21, 2023
Adam Smith Of Compass Sells Multifamily Property In Boston, MA For $1.6M
62 Whitten Street, Dorchester, Boston, MA 02122, USA
$1,600,000
$414/SF
Building Size
3,864 SF
Asset Type
MultiFamily
Closing
Nov 2, 2021
About this deal
AI
The multifamily property located at 62 Whitten St in Boston, MA has been sold for a total price of $1,600,000. The property spans across 3,864 square feet, resulting in a price per square foot of $414.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Date: 11/02/2021
- Address: 62 Whitten St
- Market: Boston, MA
- Buyer's REP: Loc Truong - Mass Realty
- Seller's REP: Adam Smith - Compass
- SF: 3,864
- PPSF: $414
The buyer in this transaction was represented by Loc Truong from Mass Realty, while the seller was represented by Adam Smith from Compass.
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93