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Movementum Realty Acquires SFR In Brockton, MA For $380K

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SOLD
$380,000

Massachusetts

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Single Family Residence1,000 SF
Sold 06/13/2022
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Property Image
SOLD

Movementum Realty Acquires SFR In Brockton, MA For $380K

729 East Ashland Street, Brockton, Massachusetts 02302, United States

See Similar Deals
Single Family Residence1,000 SF
Sold 06/13/2022
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Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$380
Total Square Footage:1,000 SF
Transaction Type:Sale

Located at 729 E Ashland St in Brockton, MA, this single-family home (SFR) was recently sold. The property spans approximately 1,000 square feet and was sold for a price of $380,000, resulting in a price per square foot (PPSF) of $380.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $380,000
  • Market: Brockton, MA
  • Buyer: Movementum Realty
  • Seller: REMax Platinum
  • Broker: Mark Mahoney - Movementum Realty

The buyer in this transaction was Movementum Realty, represented by their broker, Mark Mahoney from Movementum Realty. The seller was REMax Platinum. The successful sale of this property demonstrates the demand for single-family homes in Brockton, MA.

Players

Mark Mahoney
2 deals$840K volume
BROKER

Details

SOLD
IMAGE: Mark Mahoney DATE: 06/13/2022 ADDRESS: 729 E Ashland St MARKET: Brockton, MA ASSET TYPE: SFR BUYER: Movementum Realty SELLER: REMax Platinun BROKER: Mark Mahoney (@Markachusetts_RealEstate) - Movementum Realty SALE PRICE: $380,000 SF: 1,000 ~ PPSF: $380

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$20,266.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$1,350.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$1,801.39
Annual Debt Service$21,616.73