Updated Dec 21, 2023
Ian Gleeson Purchases Multifamily Property At 24 Selkirk Rd, Brighton, MA For $1.94M
24 Selkirk Rd, Brighton, Massachusetts, USA
$1,940,000
$484/SF
Building Size
4,008 SF
Asset Type
MultiFamily
Closing
May 13, 2021
About this deal
AI
The multifamily property located at 24 Selkirk Rd in Brighton, MA has been sold. The property spans 4,008 square feet and was sold for a total of $1,940,000, resulting in a price per square foot of $484.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,940,000
- Square Footage: 4,008
- Price per Square Foot: $484
- Address: 24 Selkirk Rd, Brighton, MA
- Market: Brighton, MA
The seller of the property was Alan Berfield, while the buyer was Ian Gleeson.
The multifamily sale at 24 Selkirk Rd, Brighton, Massachusetts, USA in Boston, Massachusetts sold for $1.9M in 2021. The building is 4,008 square feet, implying about 484 per square foot on the published price. This page is the Boston, Massachusetts file for the 24 Selkirk Rd, Brighton, Massachusetts, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 24 Selkirk Rd, Brighton, Massachusetts, USA around 2021. Published consideration for 24 Selkirk Rd, Brighton, Massachusetts, USA is $1.9M, dated 2021. Cite this Ian Gleeson Purchases Multifamily Property At 24 Selkirk Rd, Brighton, MA For $1.94M sale when underwriting similar multifamily product around Boston, Massachusetts.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.18%
Cash-on-Cash
-2.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93