Monica Kapoor Acquires Condo In Newton, MA For $1.25M
19 Carter Street, Newton, Massachusetts 02460, United States
$1,250,000
$390/SF
Building Size
3,200 SF
Asset Type
—
Closing
Jun 28, 2021
AI
A 3,200 square foot condominium located at 19 Carter St Unit 19 in Newton, MA has been sold for $1,250,000. The property was listed with an asking price of $1,150,000, resulting in a sale price of $1,250,000. The price per square foot for this transaction was $391. Monica Kapoor purchased the condo from Marcel V. Vernon Sr. The sale was facilitated by Jeetendra Shahani of The Shahani Group at Compass, representing the buyer, and Jefri Liriano of The Liriano Team at Keller Williams Realty, representing the seller.
Summary of Transaction Details
- Property Type: Condo
- Transaction Amount: $1,250,000
- Address: 19 Carter St Unit 19, Newton, MA
- Market: Newton, MA
- Buyer: Monica Kapoor
- Seller: Marcel V. Vernon Sr
- Buyer's Rep: Jeetendra Shahani - The Shahani Group - Compass
- Seller's Rep: Jefri Liriano - The Liriano Team - Keller Williams Realty
Jeetendra Shahani from The Shahani Group at Compass represented Monica Kapoor in the transaction, while Jefri Liriano from The Liriano Team at Keller Williams Realty represented Marcel V. Vernon Sr. The deal closed on June 29, 2021.
Players
Newton CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93