Updated Dec 21, 2023
Vincent Micale Acquires Multifamily Property In Brighton, MA For $1.5M
64-66 Litchfield Street, Boston, Massachusetts, USA
$1,500,000
$548/SF
Building Size
2,736 SF
Asset Type
MultiFamily
Closing
Sep 17, 2021
About this deal
AI
Located in Brighton, MA, the multifamily property at 64-66 Litchfield St has been sold for $1,500,000. The sale took place on September 17, 2021. Spanning across 2,736 square feet, the property was sold at a price per square foot of $548.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 64-66 Litchfield St, Brighton, MA
- Market: Brighton, MA
The buyer of the property is Vincent Micale, while the seller is Todd Mack.
[NOTE: No additional details available regarding brokers or representatives.]
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93