Updated Dec 18, 2023
Century 21 Marella Realty Sells Braintree Multifamily For $1.225M
9-11 Fairview Avenue, Braintree, Massachusetts 02184, United States
$1,225,000
$308/SF
Building Size
3,969 SF
Asset Type
MultiFamily
Closing
Feb 2, 2022
About this deal
AI
Located in Braintree, MA, the multifamily property at 9-11 Fairview Ave has recently been sold for a price of $1,225,000. The transaction took place on February 3, 2022. Spanning over 3,969 square feet, the property was sold at a rate of approximately $309 per square foot.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,225,000
- Address: 9-11 Fairview Ave, Braintree, MA
- Market: Braintree, MA
- Buyer's Rep: Team M&m - CENTURY 21 Marella Realty
- Seller's Rep: Michael Marella - CENTURY 21 Marella Realty
Facilitating the deal were Team M&m from CENTURY 21 Marella Realty, representing the buyer, and Michael Marella, also from CENTURY 21 Marella Realty, acting as the seller's representative.
Players
Braintree MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Michael Marella to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.95%
Cash-on-Cash
-3.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93