Jon Weissman Acquires Multifamily Property On High St In Brookline For $1.75M
SOLD
$1,750,000
Massachusetts
See Similar DealsMultiFamily4,322 SF
Sold 05/11/2022
SOLD
Jon Weissman Acquires Multifamily Property On High St In Brookline For $1.75M
201 High Street, Brookline, Massachusetts 02445, United States
See Similar DealsMultiFamily4,322 SF
Sold 05/11/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$404
Total Square Footage:4,322 SF
Transaction Type:Sale
Located at 201 High St in Brookline, MA, this multifamily property was recently sold in a closed transaction. The property spans 4,322 square feet and was sold for a total price of $1,750,000, resulting in a price per square foot of $405. The transaction took place on 05/11/2022.
Summary of Transaction Details:
- Property Type: Multifamily
- Transaction Amount: $1,750,000
- Square Footage: 4,322
- Address: 201 High St, Brookline, MA
- Market: Brookline, MA
Jon Weissman purchased the property from Debra & Peter Hoss, with Carleton Ashley from Compass serving as the broker in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$93,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,217.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,295.89
Annual Debt Service$99,550.71
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