Ze Chen Acquires Condo In Newtonville, MA For $1.21M
78 Highland Avenue, Newtonville, Newton, Massachusetts, USA
$1,210,000
$432/SF
Building Size
2,797 SF
Asset Type
—
Closing
Sep 13, 2021
AI
Located at 78 Highland Avenue in Newtonville, MA, this condo property was recently sold in a closed transaction. The property spans over an area of 2,797 square feet and features a spacious layout. The sale price for this condo was set at $1,210,000, resulting in a price per square foot of $433.
Summary of Transaction Details
- Property Type: Condo
- Transaction Amount: $1,210,000
- Address: 78 Highland Avenue, Newtonville, MA
- Square Footage: 2,797 sqft
Ze Chen emerged as the buyer in this transaction. Represented by Henry Choi from Keller Williams Realty, Chen successfully finalized the purchase of this condo. On the seller's side, Matthew Petty from Town Property Group acted as the seller's representative throughout the deal.
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
13.11%
Cash-on-Cash
-3.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93