J & J Companies, Inc Acquires Multi-Family Property In Mattapan, MA For $685,000
SOLD
$685,000
Massachusetts
See Similar DealsMultiFamily3,400 SF
Sold 08/26/2022
SOLD
J & J Companies, Inc Acquires Multi-Family Property In Mattapan, MA For $685,000
636 Morton Street
See Similar DealsMultiFamily3,400 SF
Sold 08/26/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$201
Total Square Footage:3,400 SF
Transaction Type:Sale
A multi-family property located at 636 Morton St in Mattapan, MA has been sold. The property consists of 3 units with a total square footage of 3,400. The sale price for the property was $685,000, resulting in a price per unit of $228,333 and a price per square foot of $201.
Summary of transaction details
- Property Type: Multi Family
- Sale Price: $685,000
- Unit Count: 3
- Price per Unit: $228,333
- Square Footage: 3,400
- Price per Square Foot: $201
- Address: 636 Morton St, Mattapan, MA
The buyer in this transaction is J & J Companies, Inc, represented by Heidy Barreiro. The seller is Tanika Coakley. The deal was finalized on 08/26/2022.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$36,533.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,433.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,247.25
Annual Debt Service$38,966.99
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