Updated Oct 28, 2024
Red Tree Real Estate LLC Acquires Condo In Brookline, MA For $1.2M
63 Gibbs Street, Brookline, Massachusetts 02446, United States
$1,200,000
$830/SF
Building Size
1,445 SF
Asset Type
—
Closing
Jul 28, 2022
About this deal
AI
Located at 63 Gibbs St in Brookline, MA, this recently sold property is a Condo with a total area of 1,445 square feet. The sale took place on July 29, 2022, with a sale price of $1,200,000, resulting in a price per square foot of $830.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,200,000
- Square Footage: 1,445
- Address: 63 Gibbs St, Brookline, MA
The buyer of this property is Red Tree Real Estate LLC, represented by Nicole Stabnikov. The seller is MBA Group, with S. Lee Shin representing them in the deal. The brokerage involved in the transaction is Red Tree Real Estate, with Nicole Stabnikov serving as the broker.
On the Map
$1,200,000
$830/SF
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93