Red Tree Real Estate Acquires Brookline Multifamily Property For $2.65M
10 Shailer St #12, Brookline, Ma 02446, Usa
$2,650,000
$484/SF
Building Size
5,474 SF
Asset Type
MultiFamily
Closing
Aug 4, 2020
AI
Located at 10-12 Shailer Street in Brookline, MA, this multifamily property was recently sold for a total of $2,650,000. Spanning an area of 5,474 square feet, the property offers ample space for its future residents. The price per square foot for this transaction was $484, indicating a fair valuation for this asset.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,650,000
- Address: 10-12 Shailer Street, Brookline, MA
- Market: Brookline, MA
Rachel Carter, representing Hammond Residential Real Estate, acted as the seller's representative in this deal. On the other side, Jaimi Meuse represented the buyer and worked with Red Tree Real Estate. Together, they facilitated a successful transaction for this multifamily property in Brookline.
Brookline MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93