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.
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