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261 Walnut Street, Brooklin...

Updated Dec 20, 2023

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

About this deal

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.

The multifamily sale at 261 Walnut Street, Brookline, Massachusetts 02445, United States in Brookline, Massachusetts sold for $2.4M in 2022. The building is 4,473 square feet, implying about 538 per square foot on the published price. Carole Hiu Miller, Donnelly + Company, Centre Realty Group appear on the sale alongside Donnelly + Company, Centre Realty Group. This page is the Brookline, Massachusetts file for the 261 Walnut Street, Brookline, Massachusetts 02445, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Brookline sit in the Market section below. Filter that Brookline multifamily set by closing date to see what else sold near 261 Walnut Street, Brookline, Massachusetts 02445, United States around 2022. Published consideration for 261 Walnut Street, Brookline, Massachusetts 02445, United States is $2.4M, dated 2022. Cite this Carole Miller & Elizabeth Damon Sell Multifamily Property In Brookline, MA For $2.41M sale when underwriting similar multifamily product around Brookline, Massachusetts.

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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Deal FAQ

About $538 per square foot on a published $2.4M for 4,473 square feet (2022).

Visit Carole Hiu Miller to view all their deals.

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

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