Updated Nov 28, 2024
Jay Terada Acquires Multifamily Property In Brookline, MA For $3.1M
43 Ackers Ave
$3,125,000
$871/SF
Building Size
3,586 SF
Asset Type
MultiFamily
Closing
Mar 1, 2023
About this deal
AI
This multifamily property located at 43 Ackers Ave in Brookline, MA has been sold. The property spans a total of 3,586 square feet, with a price per square foot of $871. The sale took place on 03/01/2023, and the transaction amount was $3,125,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,125,000
- Square Footage: 3,586
- Price per Square Foot: $871
- Address: 43 Ackers Ave, Brookline, MA
- Market: Brookline, MA
The buyer of the property is Jay Terada from Coldwell Banker Realty - Brookline. The seller's representative for this transaction is Michele Friedler Team from Hammond Residential Real Estate.
On the Map
$3,125,000
$871/SF
MultiFamily
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Players
Brookline MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.08%
Cash-on-Cash
-1.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93