Keller Williams Realty Sells Brockton Multifamily For $1.2M
SOLD
$1,201,000
Massachusetts
See Similar DealsMultiFamily7,818 SF
Sold 09/15/2021
SOLD
Keller Williams Realty Sells Brockton Multifamily For $1.2M
826 North Montello Street, Brockton, MA 02301
See Similar DealsMultiFamily7,818 SF
Sold 09/15/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$153
Total Square Footage:7,818 SF
Transaction Type:Sale
A multifamily property located at 826 N Montello St in Brockton, MA was recently sold for a price of $1,201,000. The property spans 7,818 square feet, resulting in a price per square foot of $154.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,201,000
- Square Footage: 7,818
- Price per Square Foot: $154
- Address: 826 N Montello St, Brockton, MA
- Market: Brockton, MA
The seller was represented by Charles Lima from Keller Williams Realty, while the buyer was represented by Daniel Kwamo from Property Investors & Advisors, LLC.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,053.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,266.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,693.35
Annual Debt Service$68,320.23
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