Hammond Residential Real Estate Sells Brookline Multifamily For $2.53M
51 Addington Road, Brookline, Massachusetts 02445, United States
$2,530,000
$651/SF
Building Size
3,883 SF
Asset Type
MultiFamily
Closing
May 1, 2022
AI
The multifamily property located at 51 Addington Rd in Brookline, MA has been sold for a price of $2,530,000. The transaction was completed on 05/02/2022. The property spans a total area of 3,883 square feet, resulting in a price per square foot of $652.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,530,000
- Address: 51 Addington Rd, Brookline, MA
- Market: Brookline, MA
- Square Footage: 3,883
Alejandro Chavez represented the buyer in this transaction, while Mona Wiener & Shari Wiener, from Hammond Residential Real Estate, represented the seller.
Players
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
6.27%
Cash-on-Cash
-1.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93