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103-105 Colbourne Crescent,...

Updated Dec 20, 2023

Boston Trust Realty Group Sells Multifamily Property In Brookline, MA For $1.86M
SOLDMultiFamily

Boston Trust Realty Group Sells Multifamily Property In Brookline, MA For $1.86M

103-105 Colbourne Crescent, Brookline, Massachusetts, USA

$1,869,488

$330/SF

Building Size

5,662 SF

Asset Type

MultiFamily

Closing

Oct 20, 2021

About this deal

AI

A multifamily property located at 103-105 Colbourne Crescent in Brookline, MA has been sold for a total price of $1,869,488. The property consists of two units with a price per unit (PPU) of $934,744. The total square footage of the property is 5,662, resulting in a price per square foot (PPSF) of $330.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,869,488
  • Units: 2
  • Price Per Unit (PPU): $934,744
  • Square Footage: 5,662
  • Price Per Square Foot (PPSF): $330
  • Address: 103-105 Colbourne Crescent, Brookline, MA
  • Market: Brookline, MA

The sale of this multifamily property was facilitated by Rayna Shelton-Wynn from Boston Trust Realty Group. They represented the buyer and seller in the transaction, ensuring a successful deal.

Players

Rayna Shelton-Wynn

Boston Trust Realty Group

Broker

$3.2M

vol

2 deals

Broker

Brookline MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $330 per square foot on a published $1.9M for 5,662 square feet (2021).

Visit Rayna Shelton-Wynn to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.49%

Cash-on-Cash

-2.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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