Updated Dec 21, 2023
Erin Baumgartner Acquires 3.03 Acres Of Land In Brookline, MA For $3.9M
25 Sears Rd, Brookline, MA, USA
$3,900,000
$29/SF
Building Size
132,104 SF
Asset Type
—
Closing
Aug 4, 2020
About this deal
AI
On August 4, 2021, a land located at 25 Sears Rd in Brookline, MA was sold for a total price of $3,900,000. The property spans across 3.03 acres, resulting in a price per acre (PPA) of approximately $1,287,129. The sale was facilitated by Erin Baumgartner of Compass.
Summary of Transaction Details:
- Property Type: Land
- Sale Price: $3,900,000
- Address: 25 Sears Rd, Brookline, MA
- Market: Brookline, MA
- Acres: 3.03
- PPA: $1,287,129
Erin Baumgartner from Compass represented the involved parties in this transaction.
Players
Brookline CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93