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Cummings Road

Adela Kolar Acquires Multifamily Property On Cummings Road For $910,000 With Seller's Rep Jackson Wells
SOLDMultiFamily

Adela Kolar Acquires Multifamily Property On Cummings Road For $910,000 With Seller's Rep Jackson Wells

Cummings Road

$910,000

$620/SF

Building Size

1,467 SF

Asset Type

MultiFamily

Closing

Jun 30, 2025

AI

The property involved in this transaction is a multifamily asset located at 53-55 Cummings Road in Brighton, MA. The sale was completed at a price of $910,000, featuring two units and a total square footage of 1,467, resulting in a price per unit of $455,000 and a price per square foot of $620.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $910,000
  • Units: 2
  • Square Footage: 1,467
  • Price Per Unit: $455,000
  • Price Per Square Foot: $620
  • Buyer: Adela Kolar
  • Seller: Michelle Rosen
  • Seller's Representative: Jackson Wells - Harvard Real Estate

Adela Kolar acquired the multifamily property from Michelle Rosen, with the transaction facilitated by the seller's representative, Jackson Wells from Harvard Real Estate. The deal reflects a successful engagement between the buyer and the seller, showcasing the collaborative efforts in real estate transactions within the Brighton market.

Players

Jackson Wells

Harvard Real Estate

Broker

$30.4M

vol

24 deals

Broker
Harvard Real Estate
Harvard Real EstateBrokerage

Brighton 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

17.43%

Cash-on-Cash

-4.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93