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
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