J & J Companies, Inc Acquires Multi-Family Property In Mattapan, MA For $685,000
636 Morton Street
$685,000
$201/SF
Building Size
3,400 SF
Asset Type
MultiFamily
Closing
Aug 26, 2022
AI
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.
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
23.16%
Cash-on-Cash
-6.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93