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632 West Park Street, Bosto...

Updated Oct 28, 2024

Kathy Brown Acquires Multifamily Property On W Park St In Dorchester Center For $1.23M
SOLDMultiFamily

Kathy Brown Acquires Multifamily Property On W Park St In Dorchester Center For $1.23M

632 West Park Street, Boston, MA, USA

$1,232,601

$389/SF

Building Size

3,165 SF

Asset Type

MultiFamily

Closing

May 2, 2021

About this deal

AI

The multifamily property located at 632 W Park St in Dorchester Center, MA has been sold. The property consists of 3 units and spans a total of 3,165 square feet. The sale price for the property was $1,232,601, resulting in a price per square foot of $389. The seller of the property was Boston Cmnty Coops Inc, and the buyer was Kathy Brown.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,232,601
  • Square Footage: 3,165
  • Price per Square Foot: $389
  • Units: 3
  • Price per Unit: $410,867

Kathy Brown acted as the buyer in this transaction, representing herself.

Players

Kathy Brown

Buyer

$2.5M

vol

2 deals

Buyer
BI
Boston Cmnty Coops IncSeller

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $389 per square foot on a published $1.2M for 3,165 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.87%

Cash-on-Cash

-3.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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