MP Signature Realty LLC Sells Multifamily Property In Brookline, MA For $1.31M
SOLD
$1,310,000
Massachusetts
See Similar DealsMultiFamily2,604 SF
Sold 08/30/2021
SOLD
MP Signature Realty LLC Sells Multifamily Property In Brookline, MA For $1.31M
43 Ackers Avenue, Brookline, MA 02445
See Similar DealsMultiFamily2,604 SF
Sold 08/30/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$503
Total Square Footage:2,604 SF
Transaction Type:Sale
A multifamily property located at 43 Ackers Ave in Brookline, MA has been sold for $1,310,000. The property spans 2,604 square feet, resulting in a price per square foot of $503.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,310,000
- Address: 43 Ackers Ave, Brookline, MA
- Market: Brookline, MA
- Square Footage: 2,604
- Price per Square Foot: $503
The sale of this multifamily property was facilitated by Jimmy Wen of MP Signature Realty LLC.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$69,866.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,654.16
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,210.07
Annual Debt Service$74,520.82
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