Massimo Taurisano Of Domus Ave Realty Represents Buyer In $1.3M Boston Multifamily Sale
23-25 Brayton Road
$1,300,500
$435/SF
Building Size
2,985 SF
Asset Type
MultiFamily
Closing
Aug 13, 2024
AI
A two-family home located at 23-25 Brayton Road in Boston, MA, was sold for $1,300,500. The property encompasses 2,985 square feet and consists of two units priced at approximately $650,250 each. Built in 1920, it features hardwood floors and updated amenities. The asset is situated in the Oak Square area, offering views of the Newton Golf course.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,300,500
- Units: 2
- Price Per Unit: $650,250
- Square Footage: 2,985
- Price Per Square Foot: $436
- Buyer's Representative: Massimo Taurisano - Domus Ave Realty
- Seller's Representative: Zina Delanders - William Raveis Real Estate
The transaction was facilitated by Massimo Taurisano representing the buyer and Zina Delanders representing the seller. Both brokers are affiliated with their respective real estate agencies, ensuring a professional handling of the deal.
Players
Brighton 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93