Updated Sep 9, 2024
Sammy Chen Acquires Multifamily Property In Braintree, Massachusetts For $1.07M
60 Franklin Street, Braintree, Massachusetts 02184, United States
$1,070,000
$354/SF
Building Size
3,016 SF
Asset Type
MultiFamily
Closing
Jan 3, 2022
About this deal
AI
The multifamily property located at 58-60 Franklin St in Braintree, MA has recently been sold for a total price of $1,070,000. The transaction took place on January 3, 2022. The property spans an area of 3,016 square feet, resulting in a price per square foot of $355.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,070,000
- Address: 58-60 Franklin St, Braintree, MA
- Market: Braintree, MA
Sammy Chen from Denkar Realty Group represented the buyer in this transaction, while James O'Brien from Olde Towne Real Estate Co. represented the seller.
On the Map
$1,070,000
$354/SF
MultiFamily
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Players
Braintree 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
14.83%
Cash-on-Cash
-4.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93