Boston Trust Realty Group Acquires Multifamily Property In Brockton, MA For $650,000
417 Warren Avenue, Brockton, MA, USA
$650,000
$68/SF
Building Size
9,531 SF
Asset Type
MultiFamily
Closing
Mar 21, 2021
AI
A multifamily property located at 417 Warren Avenue in Brockton, MA has been sold. The property spans 9,531 square feet and was listed for sale with an asking price of $594,900. The sale was completed on 03/22/2021, with a final sale price of $650,000. The price per square foot for this transaction was approximately $68.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $650,000
- Address: 417 Warren Avenue, Brockton, MA
- Market: Brockton, MA
- Listed by: Julian Addy - MIG - Boston Trust Realty Group
Julian Addy from MIG and Boston Trust Realty Group represented the involved parties in this transaction. The sale of this multifamily property showcases the strong real estate market in Brockton, MA.
Players
Brockton 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
24.40%
Cash-on-Cash
-6.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93