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Multifamily In Brighton, MA Sold For $1.8M With Compass And Keller Williams Realty As Reps

Property Image
SOLD
$1,799,000

Massachusetts

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MultiFamily3,510 SF
Sold 11/30/2023
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Property Image
SOLD

Multifamily In Brighton, MA Sold For $1.8M With Compass And Keller Williams Realty As Reps

275-277 Summit Avenue

See Similar Deals
MultiFamily3,510 SF
Sold 11/30/2023
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$512
Total Square Footage:3,510 SF
Transaction Type:Sale

A multifamily property at 275-277 Summit Avenue in Brighton, MA, has been sold for $1.799 million. The property is a 3,510-square-foot multifamily asset. The sale price per square foot is $513.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $1,799,000
  • Square Footage: 3,510
  • Price per Square Foot: $513
  • Address: 275-277 Summit Avenue, Brighton, MA
  • Market: Brighton, MA

The transaction involved Compass, with Kim Covino representing the buyer, and Keller Williams Realty Boston South West, with Crystal Tullos and Tyler Tullos as seller's representatives.

Players

Kim Covino
8 deals$15.6M volume
BROKER

Crystal Tullos
Keller Williams Realty
1 deal$1.8M volume(225) 268-2473
BROKER

Tyler Tullos
Keller Williams Realty
1 deal$1.8M volume(617) 949-6624
BROKER

Details

SOLD
IMAGE: Kim Covino, Crystal Tullos & Tyler Tullos DATE: 11/30/2023 ADDRESS: 275-277 Summit Avenue MARKET: Brighton, MA ASSET TYPE: Multifamily BUYER'S REP: Kim Covino (@KimCovinoandCo) - Compass (@Compass) SELLER'S REP: Crystal Tullos (@CrystalTullos) & Tyler Tullos (@TylerTullos) - Keller Williams Realty Boston South West (@KellerWilliamsBSW) SALE PRICE: $1,799,000 SF: 3,510 ~ PPSF: $513 NOTE: A multifamily property at 275-277 Summit Avenue in Brighton, MA, has been sold for $1.799 million. The transaction involved Compass, with Kim Covino representing the buyer, and Keller Williams Realty Boston South West, with Crystal Tullos and Tyler Tullos as seller's representatives.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$95,946.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,391.46
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,528.18
Annual Debt Service$102,338.13