Red Tree Real Estate LLC Acquires Condo In Brookline, MA For $1.2M
SOLD
$1,200,000
Massachusetts
See Similar Deals1,445 SF
Sold 07/29/2022
SOLD
Red Tree Real Estate LLC Acquires Condo In Brookline, MA For $1.2M
63 Gibbs Street, Brookline, Massachusetts 02446, United States
See Similar Deals1,445 SF
Sold 07/29/2022
Summary
MASSACHUSETTS
Price Per Square Foot:$830
Total Square Footage:1,445 SF
Transaction Type:Sale
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.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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