Updated Oct 28, 2024
Ellas Fenton & Esther Fenton Acquire Multifamily Property In Brighton, MA For $1.73M
120-122 Brooks St, Brighton, Massachusetts, USA
$1,730,000
$566/SF
Building Size
3,056 SF
Asset Type
MultiFamily
Closing
Aug 8, 2021
About this deal
AI
The multifamily property located at 120-122 Brooks St in Brighton, MA has been sold for a price of $1,730,000. The property spans over 3,056 square feet, resulting in a price per square foot of $566. The seller, 120-122 Brook St LLC, completed the transaction with the buyer, Ellas Fenton & Esther Fenton.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,730,000
- Address: 120-122 Brooks St, Brighton, MA
- Market: Brighton, MA
- Square Footage: 3,056
- Price per Square Foot: $566
The buyer of the property, Ellas Fenton and Esther Fenton, successfully acquired the multifamily asset from the seller, 120-122 Brook St LLC. Both parties have finalized the deal, marking a successful transaction in the Brighton market.
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
9.17%
Cash-on-Cash
-2.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93