Updated Dec 4, 2024
Multifamily Property Sold For $1.68M In Brookline, MA With Karl Olsen - Carlson & Company
22-24 Jamaica Road
$1,680,000
$638/SF
Building Size
2,632 SF
Asset Type
MultiFamily
Closing
Jan 18, 2024
About this deal
AI
A multifamily property located at 22-24 Jamaica Road in Brookline, MA, was sold for $1,680,000. The property spans a total of 2,632 square feet and has a price per square foot of $638.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,680,000
- Address: 22-24 Jamaica Road, Brookline, MA
- Market: Brookline, MA
The sale of this multifamily property was facilitated by broker Karl Olsen of Carlson & Company.
The multifamily sale at 22-24 Jamaica Road in Brookline, Massachusetts sold for $1.7M in 2024. The building is 2,632 square feet, implying about 638 per square foot on the published price. Karl Olsen, Carlson & Company appear on the sale alongside Carlson & Company. This page is the Brookline, Massachusetts file for the 22-24 Jamaica Road multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Brookline sit in the Market section below. Filter that Brookline multifamily set by closing date to see what else sold near 22-24 Jamaica Road around 2024. Published consideration for 22-24 Jamaica Road is $1.7M, dated 2024. Cite this Multifamily Property Sold For $1.68M In Brookline, MA With Karl Olsen - Carlson & Company sale when underwriting similar multifamily product around Brookline, Massachusetts.
Players
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
9.44%
Cash-on-Cash
-2.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93