Updated Dec 21, 2023
Todd A Sandler, Inc. Realtors Sells Multifamily Property In Braintree, MA For $1.2M
24-26 Academy Street, Braintree, Massachusetts, USA
$1,200,000
$300/SF
Building Size
3,996 SF
Asset Type
MultiFamily
Closing
Jan 28, 2021
About this deal
AI
The multifamily property located at 24-26-28 Academy Street in Braintree, MA, was recently sold for a price of $1,200,000. The property spans a total of 3,996 square feet, resulting in a price per square foot of $300. The sale took place on January 29, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 24-26-28 Academy Street, Braintree, MA
- Market: Braintree, MA
- Seller's Representative: Todd Sandler - Todd A Sandler, Inc. Realtors
- Buyer's Representative: Jean Lang - Coldwell Banker Realty - Milton
The seller's representative in this transaction was Todd Sandler from Todd A Sandler, Inc. Realtors, while the buyer's representative was Jean Lang from Coldwell Banker Realty - Milton.
Players
Braintree 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93