Mindy Perry Acquires Multifamily Property In Brookline For $4.22M
SOLD
$4,220,000
Massachusetts
See Similar DealsMultiFamily8,204 SF
Sold 03/31/2023
SOLD
Mindy Perry Acquires Multifamily Property In Brookline For $4.22M
40-42 Cameron Street
See Similar DealsMultiFamily8,204 SF
Sold 03/31/2023
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$514
Total Square Footage:8,204 SF
Transaction Type:Sale
The multifamily property located at 40-42 Cameron Street in Brookline has been sold for a total price of $4,220,000. The property consists of 8 units with an average price per unit of $527,500. The total square footage of the property is 8,204, resulting in a price per square foot of $514.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,220,000
- Units: 8
- Price per Unit: $527,500
- Square Footage: 8,204
- Price per Square Foot: $514
- Address: 40-42 Cameron Street, Brookline
Mindy Perry has purchased the property from Liberato Di Stefano. The brokers involved in the transaction were John Pentore and Dennis Kelleher from Horvath & Tremblay.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$225,066.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,992.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,004.95
Annual Debt Service$240,059.44
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