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1263 Brook Rd, Milton, MA, USA

Updated Dec 21, 2023

Coldwell Banker Realty Acquires Multifamily Property In Milton, MA For $1.175M
SOLDMultiFamily

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

Kathleen Huntington

Coldwell Banker

Broker

$1.2M

vol

1 deal

Broker

Milton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $367 per square foot on a published $1.2M for 3,202 square feet (2021).

Visit Coldwell Banker to view all their deals.

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

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