Updated Dec 21, 2023
Brookline Multifamily Sells For $2.02M On Thorndike St
164 Thorndike Street, Cambridge, MA 02141, USA
$2,020,000
$348/SF
Building Size
5,804 SF
Asset Type
MultiFamily
Closing
Sep 24, 2021
About this deal
AI
A multifamily property located at 164 Thorndike St in Brookline, MA was recently sold for a price of $2,020,000. The property spans across 5,804 square feet, resulting in a price per square foot of $348.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,020,000
- Address: 164 Thorndike St, Brookline, MA
- Market: Brookline, MA
The sale of this multifamily property was facilitated by the Stakem Team from Leading Edge Real Estate, who acted as the broker in the transaction.
There are no additional details available regarding the property sale.
Cambridge MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.85%
Cash-on-Cash
-2.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93