Updated Sep 9, 2024
Keller Williams Elite Sells Multifamily Asset In Brookline, MA For $2.4M
14 Dummer Street, Brookline, Massachusetts 02446, United States
$2,406,098
$661/SF
Building Size
3,640 SF
Asset Type
MultiFamily
Closing
Aug 7, 2022
About this deal
AI
The multifamily property located at 14 Dummer St in Brookline, MA has been sold for a price of $2,406,098. The transaction was completed on 08/08/2022. The property spans a total area of 3,640 square feet, resulting in a price per square foot of $661. The sale was facilitated by broker Steve Cunningham from Keller Williams Elite.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,406,098
- Address: 14 Dummer St, Brookline, MA
- Market: Brookline, MA
- Broker: Steve Cunningham - Keller Williams Elite
Steve Cunningham, representing Keller Williams Elite, played a crucial role in the completion of this sale. The success of the transaction demonstrates the demand for multifamily properties in Brookline, MA. This sale serves as a notable achievement for both the buyer and the seller, showcasing the strong real estate market in the area.
Brookline MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.59%
Cash-on-Cash
-1.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93