Updated Oct 28, 2024
Compass Acquires Condo In Newton, MA For $1.75M
222 Austin St, Newton, West Newton, Massachusetts, USA
$1,754,000
$482/SF
Building Size
3,635 SF
Asset Type
—
Closing
May 26, 2020
About this deal
AI
A condo located at 222 Austin St Unit 222 in Newton, MA was recently sold for $1,754,000. The property spans 3,635 square feet, resulting in a price per square foot of $483. The sale took place on May 26, 2021.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,754,000
- Address: 222 Austin St Unit 222, Newton, MA
- Market: Newton, MA
- Seller: DeNucci Development Corp
- Seller's Representative: Esin Susol - Castles Unlimited
- Buyer's Representative: Joshua Stiles - Compass
Esin Susol from Castles Unlimited represented the seller, DeNucci Development Corp, in this transaction. Joshua Stiles from Compass represented the buyer.
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
9.04%
Cash-on-Cash
-2.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93