Moshe Silber Acquires Multifamily Property From Prem Singh In Brighton For $1.44M
SOLD
$1,440,000
Massachusetts
See Similar DealsMultiFamily4,300 SF
Sold
SOLD
Moshe Silber Acquires Multifamily Property From Prem Singh In Brighton For $1.44M
16 Leicester Street
See Similar DealsMultiFamily4,300 SF
Sold
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$334
Total Square Footage:4,300 SF
Transaction Type:Sale
The transaction involves a multifamily asset located at 16 Leicester Street in Brighton, MA. The sale price for the property was $1,440,000, and it comprises 2 units. The total square footage of the asset is 4,300 with a price per square foot of $334, and the price per unit is $720,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,440,000
- Units: 2
- Square Feet: 4,300
- Price Per Unit: $720,000
- Price Per Square Foot: $334
- Buyer: Moshe Silber
- Seller: Prem Singh
- Broker: Jackson Wells - Harvard Real Estate
The deal features Moshe Silber as the buyer and Prem Singh as the seller, facilitating the transfer through Jackson Wells, representing Harvard Real Estate in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$76,800.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,116.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,826.33
Annual Debt Service$81,916.02
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