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56-58 Murdock Street

Helix Real Estate Acquires Multifamily Property In Brighton, MA For $2.32M
SOLDMultiFamily

Helix Real Estate Acquires Multifamily Property In Brighton, MA For $2.32M

56-58 Murdock Street

$2,320,000

$265/SF

Building Size

8,756 SF

Asset Type

MultiFamily

Closing

Nov 30, 2023

AI

A multifamily property located at 56-58 Murdock Street in Brighton, MA has been sold. The property, consisting of a total of 8,756 square feet, was purchased for a total of $2,320,000. The price per square foot (PPSF) for this transaction was $265.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,320,000
  • Address: 56-58 Murdock Street, Brighton, MA
  • Market: Brighton, MA

Daniel Deychman, a representative from Helix Real Estate, represented the buyer in this transaction. On the other hand, Michael Sellers, from Odessit Capital, acted as the seller's representative. It is worth noting that both parties were represented by their respective brokers in this sale.

Please note that the sale price, square footage, and address information has already been provided in the earlier paragraph.

Players

Daniel Deychman

Helix Real Estate

Broker

$7M

vol

5 deals

Broker

Brighton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.84%

Cash-on-Cash

-1.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93