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179 West Brookline Street B...

Updated Nov 4, 2023

John Caruso Acquires Multifamily Property On West Brookline Street In Boston For $4.35M
SOLDMultiFamily

John Caruso Acquires Multifamily Property On West Brookline Street In Boston For $4.35M

179 West Brookline Street Boston, Massachusetts 02118, USA

$4,350,000

$1,094/SF

Building Size

3,973 SF

Asset Type

MultiFamily

Closing

Aug 8, 2023

About this deal

AI

On August 8, 2023, John Caruso acquired a multifamily property located at 179 West Brookline Street in Boston, MA. The property spans 3,973 square feet and was purchased for a total of $4,350,000, resulting in a price per square foot of $1,095.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,350,000
  • Address: 179 West Brookline Street, Boston, MA
  • Market: Boston, MA

John Caruso purchased the property from Faulkner T Quentin at a price of $4,350,000. The acquisition equates to $1,095 per square foot, highlighting the value of the property. This transaction demonstrates an important investment in the multifamily sector in Boston, MA.

Players

Baldwin MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $4.4M for 3,973 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.65%

Cash-on-Cash

-1.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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