Updated Nov 17, 2023
Terri Tobin Young & Jamal Briscoe's 85 Webster St Multifamily Sale In Brockton, MA For $2M
85 Webster Street, Brockton, Massachusetts 02302, United States
$2,000,000
$222,222/SF
Building Size
9 SF
Asset Type
MultiFamily
Closing
Apr 17, 2023
About this deal
AI
A multifamily property located at 85 Webster St in Brockton, MA has been sold for $2,000,000. The property consists of 5 units with an average price per unit of $400,000. It has a total square footage of 9,261, resulting in a price per square foot of $216.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Address: 85 Webster St, Brockton, MA
- Units: 5
- Price Per Unit: $400,000
- Square Footage: 9,261
- Price Per Square Foot: $216
The buyer's representative in this transaction was Jamal Briscoe from Home Endeavors Realty, while the seller's representative was Terri Tobin Young from Yellow Brick Realty Inc.
Players
Brockton MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93