facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

164 Thorndike Street, Cambr...

Updated Dec 21, 2023

Brookline Multifamily Sells For $2.02M On Thorndike St
SOLDMultiFamily

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.

Players

Mark Stakem

Leading Edge Real Estate

Broker

$2M

vol

1 deal

Broker

Cambridge MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $348 per square foot on a published $2M for 5,804 square feet (2021).

Visit Leading Edge Real Estate to view all their deals.

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

More Deals

Nearby Markets