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Multifamily Property In Brookline, MA Sold For $1.86M With Dream Team Acquiring Through Dreamega Intl Realty LLC

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SOLD
$1,860,000

Massachusetts

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MultiFamily2,472 SF
Sold 10/10/2023
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Property Image
SOLD

Multifamily Property In Brookline, MA Sold For $1.86M With Dream Team Acquiring Through Dreamega Intl Realty LLC

18 Bowker Street

See Similar Deals
MultiFamily2,472 SF
Sold 10/10/2023
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$752
Total Square Footage:2,472 SF
Transaction Type:Sale

A multifamily property located at 18 Bowker Street in Brookline, MA has been sold for $1,860,000. The property has a total square footage of 2,472, resulting in a price per square foot of $752.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,860,000
  • Address: 18 Bowker Street, Brookline, MA
  • Market: Brookline, MA
  • Buyer's Representative: Dream Team - Dreamega International Realty LLC
  • Seller's Representative: Barrie Wheeler - Hammond Residential Real Estate

The buyer in this transaction was represented by the Dream Team of Dreamega International Realty LLC, while the seller was represented by Barrie Wheeler of Hammond Residential Real Estate.

Players

Barrie Wheeler
2 deals$4.7M volume(617) 549-6565
BROKER

Details

SOLD
IMAGE: Barrie Wheeler DATE: 10/10/2023 ADDRESS: 18 Bowker Street MARKET: Brookline, MA ASSET TYPE: Multifamily BUYER'S REP: Dream Team - Dreamega International Realty LLC SELLER'S REP: Barrie Wheeler - Hammond Residential Real Estate (@HammondChestnutHill) SALE PRICE: $1,860,000 SF: 2,472 ~ PPSF: $752 NOTE: A multifamily property located at 18 Bowker Street in Brookline has been sold for $1,860,000. The transaction was managed with the buyer represented by the Dream Team of Dreamega International Realty LLC and the seller represented by Barrie Wheeler of Hammond Residential Real Estate.

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Operating Income
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,608.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,817.35
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