Updated Dec 20, 2023
Marcus & Millichap Brokers Sell 12-Unit Multifamily In Brookline, MA For $5.3M
9-11 James Street, Brookline, Massachusetts 02446, United States
$5,300,000
Units
12
Asset Type
MultiFamily
Closing
Jul 21, 2022
About this deal
AI
A multifamily property located at 9-11 James Street in Brookline, MA was recently sold for a total of $5,300,000. The transaction took place on 07/22/2022. The property consists of 12 units, resulting in a per unit price of $441,667.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,300,000
- Units: 12
- Price per Unit: $441,667
- Market: Brookline, MA
The deal was facilitated by Tony Pepdjonovic and Evan Griffith from Marcus & Millichap, who represented the parties involved in the transaction.
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
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93