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78 Highland Avenue, Newtonv...

Ze Chen Acquires Condo In Newtonville, MA For $1.21M
SOLD

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

Henry Choi

Keller Williams Realty

Broker

$1.2M

vol

1 deal

Broker

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