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:
- Property Type: Multifamily
- Transaction Amount: $2,500,000
- Address: 14 Newell Road
- Market: Brookline, MA
- Square Footage: 2,964
- Price per Square Foot: $843
- Buyer's Representative: Mona Wiener & Shari Wiener - Hammond Residential Real Estate
- Seller's Representative: Judy Mccullough - Coldwell Banker
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
Brookline MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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