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
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