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Centre Realty Group Sells Brookline Multifamily Property For $6.2M

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SOLD
$6,275,000

Massachusetts

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MultiFamily9,870 SF
Sold 04/08/2022
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Property Image
SOLD

Centre Realty Group Sells Brookline Multifamily Property For $6.2M

14-16 Hamilton Road, Brookline, Massachusetts 02446, United States

See Similar Deals
MultiFamily9,870 SF
Sold 04/08/2022
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$635
Total Square Footage:9,870 SF
Transaction Type:Sale

The multifamily property located at 14-16 Hamilton Rd in Brookline, MA has recently been sold for a total price of $6,275,000. The property spans 9,870 square feet, resulting in a price per square foot of $636.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $6,275,000

The sale of this property was facilitated by Sean Packard of Centre Realty Group. Acting as the broker in this transaction, Sean Packard represented the involved parties and ensured a successful deal.

Players

Sean Packard
Centre Realty Group
Sean Packard
19 deals$41.2M volume
BROKER

Details

SOLD
IMAGE: Sean Packard DATE: 04/08/2022 ADDRESS: 14-16 Hamilton Rd MARKET: Brookline, MA ASSET TYPE: Multifamily BROKER: Sean Packard (@Sean.Packard) - Centre Realty Group (@CentreRealty) SALE PRICE: $6,275,000 SF: 9,870 ~ PPSF: $636

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$334,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$22,293.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,746.70
Annual Debt Service$356,960.42