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
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