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261 Walnut Street, Brooklin...

Carole Miller & Elizabeth Damon Sell Multifamily Property In Brookline, MA For $2.41M
SOLDMultiFamily

Carole Miller & Elizabeth Damon Sell Multifamily Property In Brookline, MA For $2.41M

261 Walnut Street, Brookline, Massachusetts 02445, United States

$2,410,000

$538/SF

Building Size

4,473 SF

Asset Type

MultiFamily

Closing

May 22, 2022

AI

The multifamily property located at 261 Walnut St in Brookline, MA has been sold for $2,410,000. The property spans 4,473 square feet, resulting in a price per square foot of $539.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,410,000
  • Date: 05/23/2022
  • Address: 261 Walnut St, Brookline, MA
  • Market: Brookline, MA

The buyer's representative in this transaction was Carole Miller from Centre Realty Group, while the seller was represented by Elizabeth Damon from Donnelly + Co.

Players

Carole Hiu Miller

Centre Realty Group

Broker

$4.3M

vol

2 deals

Broker
Donnelly + Company
Donnelly + CompanyBrokerage

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

6.58%

Cash-on-Cash

-1.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93