Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Copied
Photo
Copied
Photo
Unbranded Virtual Tour
Photo
Photo
See all photos

$1,095,000

For Sale - Active
80 Park St Apt 23, Brookline, MA 02446
2 Beds
2 Baths
1,598 Square Feet
0.00 Acres Lot
Built in 1956
For Sale - Active
74 Units
Checked: 5 hours ago
Updated: Aug 14, 2025 at 03:40AM

Investment Summary


Monthly Cash Flow
-$3,595
Cap Rate
1.7%
Cash-on-Cash Return
-17.1%
Debt Coverage Ratio
0.31
Internal Rate of Return (5 years)
-12.6%

Property Description


0.00 Acres Lot
Built in 1956
For Sale - Active
74 Units

Step into this sun-drenched and expansive 2 bedroom, 2 bath that lives large thanks to an open-concept design and generous windows allowing light to pour in throughout the day. The living and dining area flows seamlessly to a balcony with serene tree-top views, creating the perfect space for entertaining or everyday living. A secondary seating area provides flexibility to use the space for work, study, exercise or relaxation. Key features include a modern, well-proportioned kitchen visible from the living space, a primary suite with a private bath and ample walk-in closet space, a second bedroom or office, and hardwood floors throughout in a neutral palette ready for any decor. The private balcony offers outdoor seating and greenery-filled views, overlooking the magically peaceful Griggs Park. Located in the heart of Coolidge Corner, this home puts shops, dining, parks, and public transit within minutes.Deeded Garage Parking Space and Additional Storage Unit. Virtual Tours Available

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Avatar
Avatar
Avatar

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent
Avatar
Avatar
Avatar

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender
Avatar
Avatar
Avatar

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager
Avatar
Avatar
Avatar

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Attached, Under, Garage Door Opener
  • Details: Attached, Garage Door Opener, Deeded
  • Garage Spaces: 1
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 6
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Brick
  • Roof Type: Flat
  • Roof Material: Rubber

HOA

  • Has HOA: Yes
  • HOA Fee: $1,427/monthly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Condominium Unit

Lot Information

  • Parcel ID: BROOB:214L:0039S:0047
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Year Built: 1956

Tax Information

  • Annual Tax: $9,368

Utilities

  • Water & Sewer: Public
  • Heating: Forced Air
  • Cooling: Central Air

Location

  • County: Norfolk

Investment Summary


Monthly Cash Flow
-$3,595
Cap Rate
1.7%
Cash-on-Cash Return
-17.1%
Debt Coverage Ratio
0.31
Internal Rate of Return (5 years)
-12.6%

Purchase Details

Find an Agent

Purchase price:
$1,095,000
Amount financed:
-$876,000
Down payment:
$219,000
Closing costs:
$32,850
Rehab costs:
$0
Initial cash invested:
$251,850
Square feet:
1,598
Cost per square foot:
$685
Monthly rent per square foot:
$3.44

Financing Details

Find a Lender

Loan amount:
$876,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$5,182
Property tax:
$781
Insurance:
$385
Private mortgage insurance (PMI):
$0
Monthly payment:
$6,348

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$5,500 $66,000
Vacancy loss: (6%)
6% -$330 -$3,960
Operating income:
$5,170 $62,040

Operating Expenses


% Rent Monthly Yearly
Property taxes: (14%)
14%-$781-$9,368
Insurance: (7%)
7%-$385-$4,620
Property management: (8%)
8%-$440-$5,280
Repairs & maintenance: (5%)
5%-$275-$3,300
Capital expenditures: (5%)
5%-$275-$3,300
HOA fees: (26%)
26%-$1,427-$17,124
Total operating expenses: (65%)
65%-$3,583-$42,992

Cash Flow


Monthly Yearly
Net operating income:
$1,587 $19,044
Mortgage payments:
-$5,182 -$62,184
Cash flow:
$3,595 $43,140