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
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.
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