Windsor Trust Acquires Multifamily Property In Brighton For $1.15M
101 Nonantum Street
$1,150,000
$445/SF
Building Size
2,582 SF
Asset Type
MultiFamily
Closing
Mar 18, 2022
AI
The property involved in this transaction is a multifamily asset located at 101 Nonantum Street in the Brighton market. The sale took place on 03/18/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 101 Nonantum Street
- Market: Brighton
The buyer in this transaction was Windsor Trust, while the seller was Phellarisimo LLC. The broker who represented both parties in the deal was Jackson Wells.
The property consists of three units, with a price per unit (PPU) of $383,333. It has a total square footage of 2,600, resulting in a price per square foot (PPSF) of $442.
Players
Boston 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93