Todd A Sandler, Inc. Realtors Sells Multifamily Property In Braintree, MA For $1.2M
SOLD
Massachusetts
See Similar DealsMultiFamily3,996 SF
Sold
SOLD
Todd A Sandler, Inc. Realtors Sells Multifamily Property In Braintree, MA For $1.2M
24-26 Academy Street, Braintree, Massachusetts, USA
See Similar DealsMultiFamily3,996 SF
Sold
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$300
Total Square Footage:3996 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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