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85 Webster Street, Brockton...

Updated Nov 17, 2023

Terri Tobin Young & Jamal Briscoe's 85 Webster St Multifamily Sale In Brockton, MA For $2M
SOLDMultiFamily

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

Terri Tobinyoung

Broker

$3M

vol

2 deals

Broker

Brockton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $222.2K per square foot on a published $2M for 9 square feet (2023).

Visit Terri Tobinyoung to view all their deals.

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

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