Suellen Heidorn Purchases Multifamily Property From Martin Walsh In Brighton For $1.099M
66-68 Cushman Road
$1,099,000
$563/SF
Building Size
1,950 SF
Asset Type
MultiFamily
Closing
Oct 21, 2024
AI
The asset involved in this transaction is a multifamily property located at 66-68 Cushman Road in Brighton, MA. The sale was finalized for $1,099,000 and comprises 2 units within a total square footage of 1,950. The price per unit stands at $549,500, with a price per square foot of $563.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,099,000
- Units: 2
- SF: 1,950
- PPU: $549,500
- PPSF: $563
- Buyer: Suellen Heidorn
- Seller: Martin Walsh
- Broker: Jackson Wells - Harvard Real Estate
This transaction involved key players in the real estate market, with Suellen Heidorn as the buyer acquiring the property from the seller, Martin Walsh. The brokerage representing this deal was Jackson Wells, affiliated with Harvard Real Estate, highlighting the role of the brokerage in facilitating the transaction.
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
14.43%
Cash-on-Cash
-4.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93