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Multifamily Property In Brookline Hills, MA Sold For $2.2M
SOLD
$2,245,000
Massachusetts
See Similar DealsMultiFamily4,344 SF
Sold 05/02/2023
SOLD
Multifamily Property In Brookline Hills, MA Sold For $2.2M
3 Clark Rd, Brookline, MA 02445
See Similar DealsMultiFamily4,344 SF
Sold 05/02/2023
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$516
Total Square Footage:4,344 SF
Transaction Type:Sale
A multifamily property located at 3 Clark Road in Brookline Hills, MA was sold for $2,245,000. The transaction involved a total area of 4,344 square feet, resulting in a price per square foot (PPSF) of $517.
Summary of transation details
- Property Type: MultiFamily
- Transaction Amount: $2,245,000
- Units: ~
- Price per Unit: Infinity
- Square Footage: 4,344
- Price per Square Foot: $517
The sale of 3 Clark Road in Brookline, MA was facilitated by brokers Daniel Lee and CJ Lee. They represented the parties involved in the transaction, but the buyer, seller, and their representatives were not disclosed.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$119,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,976.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,642.45
Annual Debt Service$127,709.34
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