Jose Arroyo Purchases Multifamily Property At 59 Wilcock Street Dorchester For $1.2M
59 Wilcock Street
$1,200,000
$267/SF
Building Size
4,485 SF
Asset Type
MultiFamily
Closing
Mar 29, 2026
AI
The asset involved in the transaction is a multifamily property located at 59 Wilcock Street in the Dorchester market. The sale price for the property was $1,200,000, which encompasses three units, leading to a price per unit of $400,000. The total square footage of the property is 4,485, resulting in a price per square foot of $267.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Units: 3
- Price per Unit: $400,000
- Square Footage: 4,485
- Price per Square Foot: $267
- Buyer: Jose Arroyo
- Seller: Kevin Benzinger - Boston Realty Advisors
- Buyer's Representative: Michael Harrison - Boston Bayside Properties
- Seller's Representative: Kevin Benzinger - Boston Realty Advisors
This transaction features key individuals such as the buyer, Jose Arroyo, and seller, Kevin Benzinger, who is also the seller's representative. Michael Harrison served as the buyer's representative in this deal, aligning with Boston Bayside Properties. Kevin Benzinger is associated with Boston Realty Advisors, representing the seller in the transaction.
Players
Dorchester Center 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93