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705 Hammond St Unit 1B⁠

Updated Dec 21, 2023

Coldwell Banker Residential Brokerage Represents Buyer In $1.8M Condo Sale In Brookline, MA
SOLD

Coldwell Banker Residential Brokerage Represents Buyer In $1.8M Condo Sale In Brookline, MA

705 Hammond St Unit 1B⁠

$1,805,000

$609/SF

Building Size

2,960 SF

Asset Type

Closing

Jul 30, 202

About this deal

AI

The property involved in this closed transaction is a condominium located at 705 Hammond St Unit 1B in Brookline, MA. The property spans over 2,960 square feet and was sold for a price of $1,805,000, resulting in a price per square foot of $610.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,805,000
  • Address: 705 Hammond St Unit 1B
  • Market: Brookline, MA
  • Seller's Representative: Manuel Sarkis - Douglas Elliman Real Estate
  • Buyer's Representative: Jamie Genser - Coldwell Banker Residential Brokerage

In this transaction, Manuel Sarkis of Douglas Elliman Real Estate represented the seller, while Jamie Genser of Coldwell Banker Residential Brokerage represented the buyer.

Players

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $609 per square foot on a published $1.8M for 2,960 square feet.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.79%

Cash-on-Cash

-2.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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