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Suellen Heidorn Purchases Multifamily Property From Martin Walsh In Brighton For $1.099M

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SOLD
$1,099,000

Massachusetts

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MultiFamily1,950 SF
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Suellen Heidorn Purchases Multifamily Property From Martin Walsh In Brighton For $1.099M

66-68 Cushman Road

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MultiFamily1,950 SF
Sold
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$563
Total Square Footage:1,950 SF
Transaction Type:Sale

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.

Players

Jackson Wells
Harvard Real Estate
Jackson Wells
24 deals$30.4M volume
BROKER

Details

SOLD
IMAGE: Jackson Wells DATE: 10/21/2024 ADDRESS: 66-68 Cushman Road MARKET: Brighton, MA ASSET TYPE: Multifamily BUYER: Suellen Heidorn SELLER: Martin Walsh BROKER: Jackson Wells - Harvard Real Estate (@Harvard.Real.Estate) SALE PRICE: $1,099,000 UNITS: 2 ~ PPU: $549,500 SF: 1,950 ~ PPSF: $563

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,904.52
Cash-on-Cash Return-1.27%
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