Marc Pasciucco Acquires Multifamily Property In Brookline, MA For $1.84M
599 Washington Street, Brookline, Massachusetts, USA
$1,840,000
$724/SF
Building Size
2,539 SF
Asset Type
MultiFamily
Closing
Oct 29, 2021
AI
Located at 599 Washington Street in Brookline, MA, this multifamily property was recently sold in a closed transaction on October 29, 2021. The property consists of 2 units with a total square footage of 2,539. The sale price for this property was $1,840,000, resulting in a price per square foot of $725.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,840,000
- Units: 2
- Price per Unit: $920,000
- Square Footage: 2,539
- Price per Square Foot: $725
- Address: 599 Washington Street, Brookline, MA
Marc Pasciucco served as the buyer for this transaction, while the sellers were Susanna Burns and Emily Ross. Kerrianne Ciccone, representing William Raveis R. E. & Home Services, acted as the buyer's representative. On the other hand, Matthew Petty, from Town Property Group, represented the sellers in the deal.
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
8.62%
Cash-on-Cash
-2.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93