Updated Dec 19, 2023
John L. Hawkins 3rd & Yvette D. Hawkins Acquire Multifamily Property In Brookline, MA
277 Summit Ave, Brookline, MA, USA
$1,365,000
$388/SF
Building Size
3,510 SF
Asset Type
MultiFamily
Closing
Sep 8, 2021
About this deal
AI
The multifamily property located at 275-277 Summit Ave in Brookline, MA was sold on September 9, 2021. The property spans 3,510 square feet and was sold for a price of $1,365,000, resulting in a price per square foot of $389.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,365,000
- Address: 275-277 Summit Ave, Brookline, MA
- Market: Brookline, MA
The buyers of the property were John L. Hawkins 3rd and Yvette D. Hawkins. On the other hand, the sellers were Mendy Gould and Chana M. Gould.
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
11.62%
Cash-on-Cash
-3.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93