Updated Dec 21, 2023
Residential Group Acquires Multifamily Property On Chestnut Street In Brookline For $1.3M
98 Chestnut Street, Brookline, Massachusetts, USA
$1,315,000
$368/SF
Building Size
3,570 SF
Asset Type
MultiFamily
Closing
Feb 24, 2021
About this deal
AI
The multifamily property located at 98 Chestnut Street in Brookline, MA has been sold for $1,315,000. The property spans 3,570 square feet, resulting in a price per square foot of $368.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,315,000
- Address: 98 Chestnut Street, Brookline, MA
- Market: Brookline, MA
The Residential Group, represented by William Raveis R.E. & Home Services, facilitated the transaction.
The multifamily sale at 98 Chestnut Street, Brookline, Massachusetts, USA in Brookline, Massachusetts sold for $1.3M in 2021. The building is 3,570 square feet, implying about 368 per square foot on the published price. This page is the Brookline, Massachusetts file for the 98 Chestnut Street, Brookline, Massachusetts, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Brookline sit in the Market section below. Filter that Brookline multifamily set by closing date to see what else sold near 98 Chestnut Street, Brookline, Massachusetts, USA around 2021. Published consideration for 98 Chestnut Street, Brookline, Massachusetts, USA is $1.3M, dated 2021. Cite this Residential Group Acquires Multifamily Property On Chestnut Street In Brookline For $1.3M sale when underwriting similar multifamily product around Brookline, Massachusetts.
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
12.06%
Cash-on-Cash
-3.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93