Updated Dec 20, 2023
Trung Nguyen & Courtney Chau Acquire Multifamily Property In Dorchester For $1.25M
821 Dorchester Ave, Dorchester, MA, USA
$1,250,000
$379/SF
Building Size
3,297 SF
Asset Type
MultiFamily
Closing
Mar 8, 2021
About this deal
AI
Located at 821 Dorchester Ave in the Dorchester market, this multifamily property was recently sold. The transaction took place on 03/09/2021, with a sale price of $1,250,000. The property spans 3,297 square feet, resulting in a price per square foot of $379. It consists of three units, making the price per unit $416,667.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Address: 821 Dorchester Ave
- Market: Dorchester
The buyers of the property were Trung Nguyen and Courtney Chau. Courtney Fain represented the seller in the transaction.
Players
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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93