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14 Newell Road

Mona Wiener & Shari Wiener Of Hammond Residential Real Estate Represent Buyer In Brookline Multifamily Sale For $2.5M
SOLDMultiFamily

Mona Wiener & Shari Wiener Of Hammond Residential Real Estate Represent Buyer In Brookline Multifamily Sale For $2.5M

14 Newell Road

$2,500,000

$843/SF

Building Size

2,964 SF

Asset Type

MultiFamily

Closing

Jul 2, 2024

AI

14 Newell Road in Brookline, MA sold for $2,500,000. This two-family home offers spacious rooms, high ceilings, hardwood floors, and ample natural light, featuring a first-floor owner's unit with a living room, an eat-in kitchen, and a second-floor apartment with a private entrance and gracious foyer. The property encompasses a total square footage of 2,964 and has a price per square foot of $843.

Summary of transaction details:

The representatives involved in this transaction include Mona Wiener and Shari Wiener, who represented the buyer through Hammond Residential Real Estate, and Judy Mccullough, who represented the seller from Coldwell Banker.

Players

Mona Wiener

Hammond Residential Real Estate

Broker

$13.9M

vol

5 deals

Broker

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

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93