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785 Dorchester Ave, Dorches...

Simon Gray Of Pathways Acquires Multifamily Property In Boston, MA For $2M
SOLDMultiFamily

Simon Gray Of Pathways Acquires Multifamily Property In Boston, MA For $2M

785 Dorchester Ave, Dorchester, Massachusetts 02125, United States

$2,000,000

$495/SF

Building Size

4,034 SF

Asset Type

MultiFamily

Closing

Apr 28, 2022

AI

Located at 785 Dorchester Ave in Boston, Massachusetts, this multifamily property recently underwent a transaction. The sale was facilitated by Alexander Lisek from eXp Realty, representing the seller, and Simon Gray from Pathways, representing the buyer. The property spans 4,034 square feet and was sold for $2,000,000, resulting in a price per square foot of $496.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,000,000
  • Address: 785 Dorchester Ave, Boston, MA
  • Seller's Representative: Alexander Lisek - eXp Realty
  • Buyer's Representative: Simon Gray - Pathways

Simon Gray from Pathways represented the buyer in this transaction, ensuring their interests were well-represented. On the other hand, Alexander Lisek from eXp Realty worked diligently as the seller's representative. Together, they successfully concluded the sale of this multifamily property.

Players

Simon Gray

Broker

$3.1M

vol

2 deals

Broker

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

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93