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25 Mason Terrace

Van Kahoussi Acquires Brookline Multifamily For $1.35M
SOLDMultiFamily

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

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.

Players

Anthony Coppola

Coldwell Banker

Broker

$28.4M

vol

20 deals

Broker

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