Boston Trust Realty Group And MIG Realty Sell Dorchester Multifamily Property
86 Bernard Street, Dorchester, Massachusetts 02124, United States
$900,000
$196/SF
Building Size
4,590 SF
Asset Type
MultiFamily
Closing
Sep 29, 2022
AI
A multifamily property located at 86 Bernard St in Dorchester, Boston has been sold for $900,000. The property consists of 2 units, with a price per unit of $450,000. It spans across 4,590 square feet, with a price per square foot of $196.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $900,000
- Units: 2
- Price per Unit: $450,000
- Square Footage: 4,590
- Price per Square Foot: $196
The sale of this property was facilitated by Daniel Jeannite from Boston Trust Realty Group and Robert Nichols from MIG Realty.
Players
Dorchester Center 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
17.63%
Cash-on-Cash
-5.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93