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Boston Trust Realty Group Sells SFR In Dorchester, MA For $1.2M With Broker Julian Addy

Property Image
SOLD
$1,200,000

Massachusetts

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Single Family Residence2,428 SF
Sold 08/31/2022
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Property Image
SOLD

Boston Trust Realty Group Sells SFR In Dorchester, MA For $1.2M With Broker Julian Addy

5 Narragansett Street

See Similar Deals
Single Family Residence2,428 SF
Sold 08/31/2022
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Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$494
Total Square Footage:2,428 SF
Transaction Type:Sale

Located in Dorchester, MA, this single-family residential property at 5 Narragansett St has been sold in a recent transaction. The property, represented by Julian Addy from Boston Trust Realty Group, was sold for a price of $1,200,000. With a total area of 2,428 square feet, the price per square foot stands at $494.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $1,200,000
  • Square Footage: 2,428
  • Price per Square Foot: $494
  • Address: 5 Narragansett St, Dorchester, MA
  • Broker: Julian Addy - Boston Trust Realty Group

This successful sale was facilitated by the expertise of Julian Addy from Boston Trust Realty Group, who represented the parties involved in the transaction. The sale price of $1,200,000 highlights the value of this property in Dorchester's real estate market.

Players

Julian Addy
22 deals$19.7M volume(646) 306-9848
BROKER

Details

SOLD
IMAGE: Julian Addy DATE: 08/31/2022 ADDRESS: 5 Narragansett St MARKET: Dorchester, MA ASSET TYPE: SFR BROKER: Julian Addy (@JulianAddyRealEstate) - Boston Trust Realty Group (@BTRealtyGroup) SALE PRICE: $1,200,000 SF: 2,428 ~ PPSF: $494

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$64,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35