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
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
6.84%
Cash-on-Cash
-1.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93