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275-277 Summit Avenue

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

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

275-277 Summit Avenue

$1,799,000

$512/SF

Building Size

3,510 SF

Asset Type

MultiFamily

Closing

Nov 30, 2023

AI

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

Compass

Broker

$15.6M

vol

8 deals

Broker

Brighton 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

8.82%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93