Updated Sep 9, 2024
Aprilian Inc. Acquires Multifamily Property In Brookline, MA For $2.8M
189 Babcock Street, Brookline, MA, USA
$2,800,000
$441/SF
Building Size
6,342 SF
Asset Type
MultiFamily
Closing
Feb 24, 2021
About this deal
AI
The multifamily property located at 189 Babcock Street in Brookline, MA was sold for a total price of $2,800,000. The transaction took place on February 25, 2021. The property spans a total square footage of 6,342, resulting in a price per square foot of $442.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,800,000
- Address: 189 Babcock Street, Brookline, MA
- Market: Brookline, MA
The seller's representative for this transaction was Christine Do from Keller Williams Realty, while the buyer's representative was the Aprilian Homes Team from Aprilian Inc.
On the Map
$2,800,000
$441/SF
MultiFamily
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Brookline MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93