Updated Oct 25, 2024
Van Kahoussi Acquires Brookline Multifamily For $1.35M
25 Mason Terrace
$1,350,000
$447/SF
Building Size
3,014 SF
Asset Type
MultiFamily
Closing
Dec 22, 2022
About this deal
AI
A multifamily property located at 25 Mason Terrace in Brookline, MA has been sold for a price of $1,350,000. The property consists of two units, with each unit having a per unit price of $675,000. The total square footage of the property is 2,054, making the price per square foot $657.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,350,000
- Address: 25 Mason Terrace, Brookline, MA
- Market: Brookline, MA
- Units: 2
- Price Per Unit: $675,000
- Square Feet: 2,054
- Price Per Square Foot: $657
The buyer of the property is Van Kahoussi, while the seller is Michelle Lapointe. The transaction was facilitated by brokers Anthony Coppola and Karen Nickel from Hammond Residential Real Estate - Coldwell Banker.
On the Map
$1,350,000
$447/SF
MultiFamily
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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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93