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Eric Glassoff & Matthew Bixby Sell Multifamily Property In Brookline, MA For $2.775M

Property Image
SOLD
$2,775,000

Massachusetts

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MultiFamily3,888 SF
Sold 04/08/2022
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SOLD

Eric Glassoff & Matthew Bixby Sell Multifamily Property In Brookline, MA For $2.775M

39 Lawton Street, Brookline, Massachusetts 02446, United States

See Similar Deals
MultiFamily3,888 SF
Sold 04/08/2022
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$713
Total Square Footage:3,888 SF
Transaction Type:Sale

The multifamily property located at 39 Lawton St in Brookline, MA was recently sold for a total sale price of $2,775,000. The transaction took place on 04/08/2022. The property has a total square footage of 3,888, resulting in a price per square foot of $714.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,775,000
  • Address: 39 Lawton St, Brookline, MA
  • Market: Brookline, MA
  • Square Footage: 3,888

Matthew Bixby from Flow Realty, Inc. represented the buyer in this transaction, while Eric Glassoff from Coldwell Banker Realty - Brookline represented the seller.

There is no additional information available regarding this transaction.

Players

Eric Glassoff
3 deals$6.7M volume
BROKER

Matthew Bixby
1 deal$2.8M volume
BROKER

Details

SOLD
IMAGE: Eric Glassoff & Matthew Bixby DATE: 04/08/2022 ADDRESS: 39 Lawton St MARKET: Brookline, MA ASSET TYPE: Multifamily BUYER'S REP: Matthew Bixby - Flow Realty, Inc. SELLER'S REP: Eric Glassoff - Coldwell Banker Realty - Brookline SALE PRICE: $2,775,000 SF: 3,888 ~ PPSF: $714

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$148,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,858.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,154.92
Annual Debt Service$157,858.99