Updated Oct 28, 2024
WKC Realty Trust Sells Multifamily Property On Portina Road, Brighton, MA For $905K
15-15a Portina Road, Brighton, MA, USA
$905,000
$354/SF
Building Size
2,550 SF
Asset Type
MultiFamily
Closing
Oct 29, 2021
About this deal
AI
The multifamily property located at 15-15A Portina Road in Brighton, MA has been sold in a recent transaction. The property consists of two units and has a total square footage of 2,550. The asking price for the property was $999,000, and it was ultimately sold for $905,000, resulting in a price per unit of $452,500. The price per square foot for the property was $355.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $905,000
- Units: 2
- Price Per Unit: $452,500
- Square Footage: 2,550
- Price Per Square Foot: $355
The seller of the property was WKC Realty Trust. The transaction was facilitated by Jackson Wells, a representative from Harvard Real Estate who acted as the broker in the deal.
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
17.53%
Cash-on-Cash
-5.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93