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Multifamily In Brighton, MA Sold For $1.8M With Compass And Keller Williams Realty As Reps
SOLD
Massachusetts
See Similar DealsMultiFamily3,510 SF
Sold 11/30/2023
SOLD
Multifamily In Brighton, MA Sold For $1.8M With Compass And Keller Williams Realty As Reps
275-277 Summit Avenue
See Similar DealsMultiFamily3,510 SF
Sold 11/30/2023
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
Details
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Deal Type
30 years
10 years
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
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