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28 Academy Hill Road, Brigh...

Compass Acquires Multifamily Property In Boston, MA For $3.25M
SOLDMultiFamily

Compass Acquires Multifamily Property In Boston, MA For $3.25M

28 Academy Hill Road, Brighton, Massachusetts 02135, United States

$3,250,000

$446/SF

Building Size

7,272 SF

Asset Type

MultiFamily

Closing

May 11, 2022

AI

A multifamily property located at 28-32 Academy Hill Rd in Boston, MA has been sold for a price of $3,250,000. The property consists of 5 units with a price per unit of $650,000. It offers a total area of 7,272 square feet, resulting in a price per square foot of $447.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,250,000
  • Units: 5
  • Price per Unit: $650,000
  • Square Footage: 7,272
  • Price per Square Foot: $447
  • Date: 05/12/2022
  • Market: Boston, MA

Sheila White from Compass represented the buyer in this transaction, while Liz Dehler from Donnelly + Co represented the seller.

Players

Sheila White

Compass

Broker

$3.3M

vol

1 deal

Broker

Boston 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

4.88%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93