Fruh Realty, Llc Acquires Multifamily Property In Boston, MA For $1.2M
SOLD
$1,208,888
Massachusetts
See Similar DealsMultiFamily3,521 SF
Sold 02/18/2022
SOLD
Fruh Realty, Llc Acquires Multifamily Property In Boston, MA For $1.2M
89 Tuttle Street, Dorchester, Massachusetts 02125, United States
See Similar DealsMultiFamily3,521 SF
Sold 02/18/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$343
Total Square Footage:3,521 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,474.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,294.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,730.75
Annual Debt Service$68,768.95
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