Fruh Realty, Llc Acquires Multifamily Property In Boston, MA For $1.2M
89 Tuttle Street, Dorchester, Massachusetts 02125, United States
$1,208,888
$343/SF
Building Size
3,521 SF
Asset Type
MultiFamily
Closing
Feb 17, 2022
AI
The multifamily property located at 89 Tuttle St in Boston, MA has been sold in a recent transaction. The property spans across 3,521 square feet. The sale price for this transaction was $1,208,888, resulting in a price per square foot of $343.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,208,888
- Address: 89 Tuttle St, Boston, MA
- Market: Boston, MA
- Asset Type: Multifamily
Christopher Madden from Fruh Realty, LLC represented the buyer in this transaction. The seller was represented by Dan Ton from Kava Realty Group, Inc.
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
13.12%
Cash-on-Cash
-3.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93