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
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