Updated Sep 9, 2024
The Charles Realty Acquires Brighton, MA MultiFamily Property For $2.75M
153 Foster St, Brighton, Ma 02135
$2,750,000
$719/SF
Building Size
3,820 SF
Asset Type
MultiFamily
Closing
Jun 30, 2023
About this deal
AI
On June 30, 2023, a multi-family property in Brighton, MA, located at 153 Foster Street, was sold for $2,750,000. The property comprises 3,820 square feet, with a price per square foot of $720.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $2,750,000
- Square Footage: 3,820 sq ft
- Price per Square Foot: $720
- Address: 153 Foster Street, Brighton, MA
- Market: Brighton, MA
Betsy Herald, representing The Charles Realty, acted as the buyer's representative in this transaction. Erik Anderson, from Concept Properties, served as the seller's representative.
On the Map
$2,750,000
$719/SF
MultiFamily
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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
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93