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Expired

8 Banton, Boston MA 02124

$14,950,000

Estimated $32,304/month Calculator

Multi Family

Total Units: 36

Price Per Unit: $415,277.78

Total Rent: 62400/year

Estimated CAP Rate:

60 Bedrooms

Baths

38442

Total Parking: 51

44,106 (1.01)

Walking distance and on the bus stop to the Ashmont train station (Red Line) located in the Dorchester neighborhood of Boston. Thirty six recently constructed units in two buildings on a 44,106 square foot parcel. 8 Banton Street was built in 2019 and comprised of 18 units with 15-two bedroom/two baths and 3-one bedroom apartments. The building at 1823-1829 Dorchester Avenue was built in 2004 and comprised of four retail, 13-two bedrooms and 1-one bedroom apartment. Property has separate utilities, off street parking for 51 cars and coin-op laundry. Expenses listed from T12 (08/01/20 to 07/31/21). Debt based on interest only for 2 years

This home has been viewed 57 times

Last Checked: May 7th, 2024 at 6:21am (Source: MLS PIN #72922638)

Gross Income: $62,400

Gross Expenses: $96,755

Net Income Calc: $34,355

Water Views

Annual Expenses for 8 Banton, Boston MA 02124

Total Gross Expenses (Calculated)$96,755/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax96755

Annual Income & Unit Breakdown for 8 Banton, Boston MA 02124

Total Gross Income (Calculated)$62,400

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 8 Banton, Boston MA 02124

Listing ID72922638

Property TypeMulti Family

Price14950000 ($388.9/SqFt)

Style5+ Family - 5+ Units Up/down

CityBoston

CountySuffolk

MLS AreaDorchester's Ashmont

Neighborhood(s)

Approximate Living Area Total38442

Approximate Lot Size (Acres)1.01

Total Parking51

Garage Parking0

Year Built2019

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningMF

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 8 Banton, Boston MA 02124

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsGenerator

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1

Facilitator Compensation1

Compensation Based OnGross/full Sale Price

Financial Information for 8 Banton, Boston MA 02124

Real Estate Taxes96755

Tax Year2021

Assessed Value$4,678,641

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 8 Banton, Boston MA 02124

Neighborhood(s)

MLS AreaDorchester's Ashmont

Area AmenitiesWalk/jog Trails

Contact Information for 8 Banton, Boston MA 02124

Agent

Name: Richard Cawley

Office

Name: United Multi Family Corporation

Phone: 617-804-6874

Payment Calculator

, Interest

Property Taxes 8062.92

Principal & Interest 92117.14

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

United Multi Family Corporation

Richard Cawley

Agent Phone

Office Phone

(617) 804-6874

Text Agent Call Agent Call Office

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EXIT

1 More Photo

Expired

8 Banton, Boston MA 02124

$14,950,000

Annual Expenses for 8 Banton, Boston MA 02124

Annual Income & Unit Breakdown for 8 Banton, Boston MA 02124

General Information for 8 Banton, Boston MA 02124

Disclosures for 8 Banton, Boston MA 02124

Financial Information for 8 Banton, Boston MA 02124

Location Information for 8 Banton, Boston MA 02124

Contact Information for 8 Banton, Boston MA 02124

Agent

Office

Payment Calculator

Exclusive Listing Agent

United Multi Family Corporation

Richard Cawley