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37 Kendall Street, Brooklin...

Stonebridge Realty Acquires Multifamily Property In Brookline, MA For $1.06M
SOLDMultiFamily

Stonebridge Realty Acquires Multifamily Property In Brookline, MA For $1.06M

37 Kendall Street, Brookline, Massachusetts 02445, United States

$1,060,000

$390/SF

Building Size

2,716 SF

Asset Type

MultiFamily

Closing

Apr 24, 2022

AI

Located at 37 Kendall St in Brookline, MA, this multifamily property was recently sold. The transaction took place on 04/25/2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $1,060,000
  • Square Footage: 2,716
  • Price Per Square Foot: $390

Hongyan Sun from Stonebridge Realty represented the buyer in this deal, while Jack Enright from William Raveis Real Estate - Brookline acted as the seller's representative.

With its prime location in Brookline, this multifamily property offers a great investment opportunity. The sale price of $1,060,000 reflects a price per square foot of $390, making it an attractive option for buyers. The property spans over 2,716 square feet, providing ample space for residents.

Players

Hongyan Sun

Broker

$2.9M

vol

2 deals

Broker

Brookline 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

14.97%

Cash-on-Cash

-4.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93