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Le Doan & Jackie Rooney Broker A South Boston Multifamily Sale At $1.5M
SOLD
Massachusetts
See Similar DealsMultiFamily3,435 SF
Sold 03/06/2024
SOLD
Le Doan & Jackie Rooney Broker A South Boston Multifamily Sale At $1.5M
99 Old Harbor Street
See Similar DealsMultiFamily3,435 SF
Sold 03/06/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$436
Total Square Footage:3,435 SF
Transaction Type:Sale
In South Boston, MA, a multifamily property located at 99 Old Harbor Street was sold for $1,500,000. The property spans 3,435 square feet with a price per square foot of $437.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 99 Old Harbor Street
- Market: South Boston, MA
Le Doan of EXP Realty represented the buyer, while Jackie Rooney from Rooney Real Estate represented the seller in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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