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Carlos Xu Of Lexwin Realty Represents Buyer In $2.52M Brookline Multifamily Sale
SOLD
Massachusetts
See Similar DealsMultiFamily3,582 SF
Sold 07/19/2024
SOLD
Carlos Xu Of Lexwin Realty Represents Buyer In $2.52M Brookline Multifamily Sale
119 Browne Street
See Similar DealsMultiFamily3,582 SF
Sold 07/19/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$703
Total Square Footage:3,582 SF
Transaction Type:Sale
A multifamily property located at 119 Browne Street in Brookline, MA, has been sold for $2,520,000. The property spans a total area of 3,582 square feet, yielding a price per square foot of $704.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,520,000
- Sale Date: 07/19/2024
- Buyer's Representative: Carlos Xu - Lexwin Realty
- Seller's Representative: Carleton Ashley - Compass
Carlos Xu of Lexwin Realty represented the buyer in this transaction, while Carleton Ashley of Compass acted as the representative for the seller, facilitating the successful sale of the property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$134,400.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,953.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,946.09
Annual Debt Service$143,353.03
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