Multifamily Property In Brighton, MA Sells For $1.3M With Buyer's Rep Jing Zheng & Seller's Rep Zina Delanders
57 Breck Avenue
$1,300,000
$431/SF
Building Size
3,012 SF
Asset Type
MultiFamily
Closing
Aug 31, 2023
AI
A multifamily property located at 57 Breck Avenue in Brighton, MA has been successfully sold for $1.3 million. The property spans 3,012 square feet, with a price per square foot of $432.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 57 Breck Avenue, Brighton, MA
- Market: Brighton, MA
- Buyer's Representative: Jing Zheng - Keller Williams
- Seller's Representative: Zina Delanders - William Raveis Real Estate
The buyer's representative for this transaction was Jing Zheng, who represents Keller Williams. Zina Delanders, from William Raveis Real Estate, served as the seller's representative. The successful sale of this multifamily property is a significant achievement for all parties involved.
Players
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93