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Multifamily Property Sold For $1.68M In Brookline, MA With Karl Olsen - Carlson & Company
SOLD
$1,680,000
Massachusetts
See Similar DealsMultiFamily2,632 SF
Sold 01/18/2024
SOLD
Multifamily Property Sold For $1.68M In Brookline, MA With Karl Olsen - Carlson & Company
22-24 Jamaica Road
See Similar DealsMultiFamily2,632 SF
Sold 01/18/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$638
Total Square Footage:2,632 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$89,599.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,968.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,964.06
Annual Debt Service$95,568.69
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