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59 Wilcock Street

Jose Arroyo Purchases Multifamily Property At 59 Wilcock Street Dorchester For $1.2M
SOLDMultiFamily

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

Kevin Benzinger

Boston Realty Advisors

Broker

$478.4M

vol

38 deals

Broker
Kevin Benzinger

Kevin Benzinger

Boston Realty Advisors

Seller

$478.4M

vol

38 deals

Seller

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