Updated Dec 4, 2024
Thumbprint Realty & Llc Acquires Multifamily Property In Milton, MA For $1.037M
24 Fairbanks Road
$1,037,000
$382/SF
Building Size
2,710 SF
Asset Type
MultiFamily
Closing
Sep 20, 2023
About this deal
AI
A multifamily property located at 24 Fairbanks Road in Milton, MA, was sold for $1,037,000. The property spans 2,710 square feet, resulting in a price per square foot of $383.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,037,000
- Address: 24 Fairbanks Road, Milton, MA
- Market: Milton, MA
The buyer's representative in this transaction was Jeremy Brandon from Thumbprint Realty & LLC, while the seller's representative was Mary Gaquin from Coldwell Banker Realty - Milton.
The multifamily sale at 24 Fairbanks Road in Milton, Massachusetts sold for $1M in 2023. The building is 2,710 square feet, implying about 382 per square foot on the published price. Mary Gaquin, Jeremy Brandon, Coldwell Banker, Thumbprint Realty appear on the sale alongside Coldwell Banker, Thumbprint Realty. This page is the Milton, Massachusetts file for the 24 Fairbanks Road multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Milton sit in the Market section below. Filter that Milton multifamily set by closing date to see what else sold near 24 Fairbanks Road around 2023. Published consideration for 24 Fairbanks Road is $1M, dated 2023. Cite this Thumbprint Realty & Llc Acquires Multifamily Property In Milton, MA For $1.037M sale when underwriting similar multifamily product around Milton, Massachusetts.
Players
Milton 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
15.30%
Cash-on-Cash
-4.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93