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56 Addington Road

Multifamily Property In Brookline, MA Sold For $2.15M With Broker Ethan Goodrich Of The Goodrich Team At Compass
SOLDMultiFamily

Multifamily Property In Brookline, MA Sold For $2.15M With Broker Ethan Goodrich Of The Goodrich Team At Compass

56 Addington Road

$2,150,000

$593/SF

Building Size

3,624 SF

Asset Type

MultiFamily

Closing

Sep 27, 2023

AI

A multifamily property located at 56 Addington Road in Brookline, MA, has been sold for $2,150,000. The transaction, brokered by Ethan Goodrich of The Goodrich Team at Compass, involved a property with 3,624 square feet and a price per square foot of $593.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $2,150,000
  • Square Footage: 3,624
  • Price Per Square Foot: $593
  • Address: 56 Addington Road, Brookline, MA
  • Broker: Ethan Goodrich - The Goodrich Team - Compass

Ethan Goodrich of The Goodrich Team at Compass played a key role as the broker in the sale of this multifamily property. With extensive experience and expertise in the local real estate market, Goodrich facilitated the transaction, ensuring a smooth process for all parties involved.

Players

Ethan Goodrich

Broker

$12M

vol

3 deals

Broker

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

7.38%

Cash-on-Cash

-2.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93