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39 Turner St, Brighton, Bos...

Updated Oct 28, 2024

Joyce McCarthy Acquires Multifamily Property In Brighton, MA For $1.4M
SOLDMultiFamily

Joyce McCarthy Acquires Multifamily Property In Brighton, MA For $1.4M

39 Turner St, Brighton, Boston, MA, USA

$1,400,000

$328/SF

Building Size

4,260 SF

Asset Type

MultiFamily

Closing

Aug 19, 2021

About this deal

AI

The multifamily property located at 39 Turner St in Brighton, MA has been sold in a recent transaction. The property offers a total of 3 units, with an average price per unit of $466,667. The total square footage of the property is 4,260, resulting in a price per square foot of $329. The sale took place on August 20, 2021, with a sale price of $1,400,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,400,000
  • Units: 3
  • Price Per Unit: $466,667
  • Square Footage: 4,260
  • Price Per Square Foot: $329
  • Market: Brighton, MA

In this transaction, the buyer of the property was Joyce McCarthy, while the seller was Lucido Marino Irt & Paul Marino.

Players

Paul Marino

Seller

$9.3M

vol

2 deals

Seller

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $328 per square foot on a published $1.4M for 4,260 square feet (2021).

Visit Paul Marino to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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