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
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