Updated Dec 21, 2023
SOLDMultiFamily
Li Zheng Huang Acquires Multifamily Property On Colborne Rd In Brighton, MA For $1.12M
96 Colborne Rd, Brighton, Massachusetts, USA
$1,122,000
$426/SF
Building Size
2,632 SF
Asset Type
MultiFamily
Closing
Mar 18, 2021
About this deal
AI
The multifamily property located at 96 Colborne Rd in Brighton, MA has been sold. The property spans 2,632 square feet and was sold for a price of $1,122,000, resulting in a price per square foot of $426.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,122,000
- Square Footage: 2,632 sqft
- Price per Square Foot: $426
- Address: 96 Colborne Rd, Brighton, MA
- Market: Brighton, MA
The seller of the property was Eric Gong, while the buyer was Li Zheng Huang.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.14%
Cash-on-Cash
-4.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93