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Wilfredo Miguez & Miroslava Fitkova Facilitate $1.01M Multifamily Sale In Brighton, MA
SOLD
Massachusetts
See Similar DealsMultiFamily2,772 SF
Sold 02/05/2024
SOLD
Wilfredo Miguez & Miroslava Fitkova Facilitate $1.01M Multifamily Sale In Brighton, MA
7 Tip Top Street
See Similar DealsMultiFamily2,772 SF
Sold 02/05/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$364
Total Square Footage:2,772 SF
Transaction Type:Sale
In Brighton, MA, a multifamily property located at 7 Tip Top Street was sold for $1,010,000. Spanning 2,772 square feet, the property achieved a price per square foot of $364.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,010,000
- Address: 7 Tip Top Street
- Market: Brighton, MA
- Buyer's Rep: Wilfredo Miguez - Keller Williams
- Seller's Rep: Miroslava Fitkova - Fitkova Realty Group
Wilfredo Miguez of Keller Williams represented the buyer, whereas Miroslava Fitkova of Fitkova Realty Group represented the seller in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,588.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,787.92
Annual Debt Service$57,454.98
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