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Robbin Johnson, Kris Johnson, And Pin-Jou Wu Acquire Condo In Brookline, MA For $4.35M

Property Image
SOLD
$4,350,000
Scott Accorsini
Laura Hughes
Amelie Cheng
+ 1

Massachusetts

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Sold 06/28/2022
the dealplayerscompscontact
Property Image
SOLD

Robbin Johnson, Kris Johnson, And Pin-Jou Wu Acquire Condo In Brookline, MA For $4.35M

21 Crowninshield Road, Brookline, Massachusetts 02446, United States

See Similar Deals
Sold 06/28/2022
Scott Accorsini
Laura Hughes
Amelie Cheng
+ 1
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Transaction Type:Sale

A new construction 8 townhome development in Brookline, MA is set to close next week with 50% of the units already sold. The property, located at 21 Crowninshield Rd Unit 21 & 9, is a condo. The sale was finalized on June 28, 2022, with a sale price of $4,350,000.

Summary of transation details

  • Property Type: Condo
  • Transaction Amount: $4,350,000
  • Address: 21 Crowninshield Rd Unit 21 & 9
  • Market: Brookline, MA

The buyers in this transaction were Robbin Johnson, Kris Johnson, and Pin-Jou Wu. They purchased the property from 21 Crown LLC. The deal was facilitated by multiple brokers, including Scott Accorsini from Boston Realty Advisors, Bill Gehan and Laura Hughes from Campion & Company Fine Homes Real Estate, and Amelie Cheng.

Note from broker: New construction 8 townhome development in Brookline that will be 50% sold next week when we close.

Players

Bill Gehan
Campion and Company Fine Homes Real Estate
Bill Gehan
4 deals$18.4M volume(617) 797-1270
BROKER
Scott Accorsini
Boston Realty Advisors
Scott Accorsini
1 deal$4.4M volume
BROKER
Laura Hughes
Campion and Company
Laura Hughes
1 deal$4.4M volume
BROKER
Amelie Cheng
Keller Williams Realty
Amelie Cheng
1 deal$4.4M volume
BROKER

Details

SOLD
IMAGE: Scott Accorsini, Laura Hughes, Amelie Cheng & Bill Gehan DATE: 06/28/2022 ADDRESS: 21 Crowninshield Rd Unit 21 & 9 MARKET: Brookline, MA ASSET TYPE: Condo BUYER: Robbin Johnson, Kris Johnson & Pin-Jou Wu SELLER: 21 Crown LLC BROKERS: Scott Accorsini - Boston Realty Advisors; Bill Gehan & Laura Hughes - Campion & Company Fine Homes Real Estate; Amelie Cheng SALE PRICE: $4,350,000 NOTE FROM BROKER: New construction 8 townhome development in Brookline that will be 50% sold next week when we close .

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

$232,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,454.62
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,621.22
Annual Debt Service$247,454.63