Updated Dec 4, 2024
Nikhil Agarwal Acquires Multifamily Property In Brighton, MA For $1.25M
47 Brackett Street
$1,250,000
$329/SF
Building Size
3,789 SF
Asset Type
MultiFamily
Closing
Oct 27, 2023
About this deal
AI
The multifamily property located at 47 Brackett Street in Brighton, MA has been sold for $1,250,000. The property consists of 3 units with a total square footage of 3,789. The price per unit was $416,667, and the price per square foot was $330.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Units: 3
- Price per Unit: $416,667
- Square Footage: 3,789
- Price per Square Foot: $330
The buyer of the property is Nikhil Agarwal, while the seller is Veneta Alamanos. The seller was represented by Jackson Wells from Harvard Real Estate.
Brighton 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93