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3 Clark Rd, Brookline, MA 0...

Multifamily Property In Brookline Hills, MA Sold For $2.2M
SOLDMultiFamily

Multifamily Property In Brookline Hills, MA Sold For $2.2M

3 Clark Rd, Brookline, MA 02445

$2,245,000

$516/SF

Building Size

4,344 SF

Asset Type

MultiFamily

Closing

May 2, 2023

AI

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.

Players

Daniel Lee

Boston Plex

Broker

$4.9M

vol

3 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.07%

Cash-on-Cash

-2.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93