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Quintess Real Estate Acquires Multifamily Property In Brookline, MA For $2.3M
SOLD
$2,300,000
Massachusetts
See Similar DealsMultiFamily5,402 SF
Sold
SOLD
Quintess Real Estate Acquires Multifamily Property In Brookline, MA For $2.3M
71 Harvard Avenue
See Similar DealsMultiFamily5,402 SF
Sold
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$425
Total Square Footage:5402 SF
Transaction Type:Sale
A multifamily property located at 71 Harvard Avenue in Brookline, MA, has changed hands for $2.3 million. The property is a 5,402 square foot multifamily asset. The price per square foot for this transaction is $426.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Address: 71 Harvard Avenue, Brookline, MA
- Market: Brookline, MA
- Buyer's Representative: Janet Qin - Quintess Real Estate
- Seller's Representative: The Apex Team - Apex Realty Group, LLC
The buyer, represented by Janet Qin from Quintess Real Estate and the seller's representative, The Apex Team of Apex Realty Group, LLC, facilitated the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$122,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08
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