Dream Home Realty Acquires Multifamily Property In Brookline, MA For $3M
SOLD
$3,000,000
Massachusetts
See Similar DealsMultiFamily5,952 SF
Sold 08/15/2022
SOLD
Dream Home Realty Acquires Multifamily Property In Brookline, MA For $3M
30 Claflin Road, Brookline, Massachusetts 02445, United States
See Similar DealsMultiFamily5,952 SF
Sold 08/15/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$504
Total Square Footage:5,952 SF
Transaction Type:Sale
The multifamily property located at 30 Claflin Rd in Brookline, MA has been sold for $3,000,000. The property spans 5,952 square feet, resulting in a price per square foot of $504. The sale was completed on 08/15/2022.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Square Footage: 5,952
- Price per Square Foot: $504
- Address: 30 Claflin Rd, Brookline, MA
- Market: Brookline, MA
The buyer's representative in this transaction was Lana Lukatsky from Dream Home Realty, while the seller's representative was Buzz Birnbaum from Hammond Residential Real Estate.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$160,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37
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