Updated Dec 4, 2024
117 Realty Acquires Multifamily Property In Brighton, MA For $1.85M
5 Leamington Road
$1,850,000
$426/SF
Building Size
4,338 SF
Asset Type
MultiFamily
Closing
Sep 6, 2023
About this deal
AI
A multifamily property located at 5 Leamington Road in Brighton, MA, was sold for $1,850,000. The property encompasses 4,338 square feet and has a price per square foot of $426.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,850,000
- Address: 5 Leamington Road, Brighton, MA
- Market: Brighton, MA
- Buyer's Rep: David Silen - 117 Realty
- Seller's Rep: Michael Rothstein - Hammond Residential Real Estate
The sale transaction of the multifamily property at 5 Leamington Road was facilitated by David Silen of 117 Realty representing the buyer and Michael Rothstein of Hammond Residential Real Estate representing the seller. Both parties played an integral role in successfully closing the deal.
Players
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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93