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42-46 Brackett Street

Centre Realty Group Represents Buyer In $3.4M Multifamily Sale In Brighton, MA
SOLDMultiFamily

Centre Realty Group Represents Buyer In $3.4M Multifamily Sale In Brighton, MA

42-46 Brackett Street

$3,400,000

$725/SF

Building Size

4,689 SF

Asset Type

MultiFamily

Closing

Jan 3, 2022

AI

A multifamily property located at 42-46 Brackett St in Brighton, MA has been sold. The transaction took place on 01/03/2022.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $3,400,000
  • Number of Units: 9
  • Price per Unit: $377,778
  • Size: 4,689 square feet
  • Price per Square Foot: $725
  • Market: Brighton, MA

The buyer's representative in this transaction was Sean Packard from Centre Realty Group, while the seller's representatives were Robert Albert and Jamal Ansah from The Albert Corporation.

Players

Sean Packard

Centre Realty Group

Broker

$41.2M

vol

19 deals

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

4.67%

Cash-on-Cash

-1.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93