Updated Dec 21, 2023
Coldwell Banker Realty Acquires Multifamily Property In Milton, MA For $1.175M
1263 Brook Rd, Milton, MA, USA
$1,175,000
$367/SF
Building Size
3,202 SF
Asset Type
MultiFamily
Closing
Jul 9, 2021
About this deal
AI
The multifamily property located at 1263-1265 Brook Rd in Milton, MA was recently sold for a total price of $1,175,000. The transaction took place on July 10, 2021. The property spans across a total area of 3,202 square feet, resulting in a price per square foot of $367. Kathleen Huntington, representing Coldwell Banker Realty in Milton, acted as the seller's representative in the deal. On the other side, Kevin Keating of Keating Brokerage represented the buyer in this transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,175,000
- Date: 07/10/2021
- Address: 1263-1265 Brook Rd, Milton, MA
- Market: Milton, MA
- Area: 3,202 square feet
- Price per square foot: $367
Kathleen Huntington from Coldwell Banker Realty in Milton served as the seller's representative. Kevin Keating, representing Keating Brokerage, acted as the buyer's representative. This successful sale highlights the collaborative effort of these professionals in closing the transaction.
Players
Milton 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
13.50%
Cash-on-Cash
-3.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93