Nick Jasinski & Kurt Cawley Broker Team Sell Multifamily Property In Brockton, MA For $1.25M
911 North Main Street, Brockton, Massachusetts, USA
$1,250,000
$171/SF
Building Size
7,270 SF
Asset Type
MultiFamily
Closing
Dec 9, 2020
AI
The multifamily property located at 911 N. Main Street in Brockton, MA was recently sold. The transaction took place on December 10, 2020. The property consists of 14 units with a total square footage of 7,270. The asking price for the property was $1,200,000, and it was sold for a price of $1,250,000, resulting in a price per square foot of $172. The sale price equates to an average of $89,286 per unit.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Address: 911 N. Main Street, Brockton, MA
- Market: Brockton, MA
- Square Footage: 7,270
- Asking Price: $1,200,000
- Price per Square Foot: $172
- Units: 14
- Price per Unit: $89,286
The brokerage team responsible for facilitating the sale of this property included Nick Jasinski and Kurt Cawley. They were the representatives for both the buyer and seller in the transaction.
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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93