Horvath & Tremblay Represents Sale Of Multifamily Property In Boston For $1.4M
20-22 Brooks Street, Brighton, Massachusetts 02135, United States
$1,400,000
$343/SF
Building Size
4,073 SF
Asset Type
MultiFamily
Closing
May 10, 2022
AI
The multifamily property located at 20-22 Brooks St in Boston, MA has been sold for a total price of $1,400,000. The transaction took place on 05/11/2022 and the property spans 4,073 square feet. The sale price per square foot is $344. Ryan Benton from Horvath & Tremblay represented the parties involved in the deal.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Date: 05/11/2022
- Address: 20-22 Brooks St, Boston, MA
- Market: Boston, MA
- Square Footage: 4,073
- Price Per Square Foot: $344
Ryan Benton from Horvath & Tremblay facilitated the sale of this multifamily property in Boston, MA. The transaction involved a total price of $1,400,000 and the property spans 4,073 square feet. This deal represents a significant investment in the Boston market, showcasing the demand for multifamily assets in the area.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93