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153 Foster St, Brighton, Ma...

The Charles Realty Acquires Brighton, MA MultiFamily Property For $2.75M
SOLDMultiFamily

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

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.

Players

Betsy Herald

The Charles Realty

Broker

$13.7M

vol

4 deals

Broker

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