Updated Nov 17, 2023
Hammond Residential Real Estate Facilitates $2.6M Sale Of Multifamily Property In Brookline, MA
25 Cypress Street
$2,600,000
$624/SF
Building Size
4,163 SF
Asset Type
MultiFamily
Closing
Aug 27, 2021
About this deal
AI
The multifamily property located at 25 Cypress St in Brookline, MA has been sold for a total price of $2,600,000. The transaction took place on 08/27/2021 and was facilitated by broker Ezra Stillman from Hammond Residential Real Estate. The property spans 4,163 square feet, resulting in a price per square foot of $625.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $2,600,000
- Date: 08/27/2021
- Address: 25 Cypress St, Brookline, MA
- Broker: Ezra Stillman - Hammond Residential Real Estate
- Square Footage: 4,163
- Price Per Square Foot: $625
Ezra Stillman from Hammond Residential Real Estate played an integral role in overseeing the successful transaction of the property located at 25 Cypress St, Brookline, MA. Their expertise and representation ensured a smooth process for both the buyer and the seller.
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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93