Ze Chen Acquires Condo In Newtonville, MA For $1.21M
SOLD
$1,210,000
Massachusetts
See Similar Deals2,797 SF
Sold 09/13/2021
SOLD
Ze Chen Acquires Condo In Newtonville, MA For $1.21M
78 Highland Avenue, Newtonville, Newton, Massachusetts, USA
See Similar Deals2,797 SF
Sold 09/13/2021
Summary
MASSACHUSETTS
Price Per Square Foot:$432
Total Square Footage:2,797 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,298.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,736.02
Annual Debt Service$68,832.21
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