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Mona Wiener & Shari Wiener Of Hammond Residential Real Estate Represent Buyer In Brookline Multifamily Sale For $2.5M

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SOLD
$2,500,000

Massachusetts

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MultiFamily2,964 SF
Sold 07/02/2024
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Property Image
SOLD

Mona Wiener & Shari Wiener Of Hammond Residential Real Estate Represent Buyer In Brookline Multifamily Sale For $2.5M

14 Newell Road

See Similar Deals
MultiFamily2,964 SF
Sold 07/02/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$843
Total Square Footage:2,964 SF
Transaction Type:Sale

14 Newell Road in Brookline, MA sold for $2,500,000. This two-family home offers spacious rooms, high ceilings, hardwood floors, and ample natural light, featuring a first-floor owner's unit with a living room, an eat-in kitchen, and a second-floor apartment with a private entrance and gracious foyer. The property encompasses a total square footage of 2,964 and has a price per square foot of $843.

Summary of transaction details:

The representatives involved in this transaction include Mona Wiener and Shari Wiener, who represented the buyer through Hammond Residential Real Estate, and Judy Mccullough, who represented the seller from Coldwell Banker.

Players

Mona Wiener
5 deals$13.9M volume
BROKER

Shari Wiener
Hammond Residential Real Estate
5 deals$13.9M volume
BROKER

Judy Mccullough
Coldwell Banker
1 deal$2.5M volume(617) 694-4445
BROKER

Details

SOLD
IMAGE: Judy Mccullough, Mona Wiener & Shari Wiener DATE: 07/02/2024 ADDRESS: 14 Newell Road MARKET: Brookline, MA ASSET TYPE: Multifamily BUYER'S REP: Mona Wiener & Shari Wiener - Hammond Residential Real Estate (@HammondChestnutHill) SELLER'S REP: Judy Mccullough (@JudyMccul) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $2,500,000 SF: 2,964 ~ PPSF: $843 NOTE: 14 Newell in Brookline, MA sold for $2,500,000. This Coolidge Corner two-family home offers spacious rooms, high ceilings, hardwood floors, and ample natural light, featuring a first-floor owner's unit with a living room, eat-in kitchen, and a second-floor apartment with a private entrance and gracious foyer.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$133,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
Annual Debt Service$142,215.31