Hartford Homes Realty Acquires Boston Multifamily For $1.06M
76 Ridgewood Street, Dorchester, MA 02122
$1,060,000
$326/SF
Building Size
3,249 SF
Asset Type
MultiFamily
Closing
Jun 4, 2020
AI
A multifamily property located at 76 Ridgewood St in Boston, MA was recently sold for a total price of $1,060,000. The property spans across 3,249 square feet, resulting in a price per square foot of $326.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,060,000
- Address: 76 Ridgewood St, Boston, MA
- Market: Boston, MA
- Seller's Representative: Scott Merchant - Merchant Property Group LLC
- Buyer's Representative: Marc Abou-Ezzi - Hartford Homes Realty LLC
The transaction was facilitated by Scott Merchant from Merchant Property Group LLC, representing the seller, and Marc Abou-Ezzi from Hartford Homes Realty LLC, representing the buyer.
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
14.97%
Cash-on-Cash
-4.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93