Updated Jun 25, 2025
Douglas C. Yearley Jr Of Toll Brothers Acquires Development Site In Newton For $5.1M
24 26 Hurley Place
$5,100,000
$221/SF
Building Size
23,000 SF
Asset Type
Development Site
Closing
Jun 24, 2025
About this deal
AI
The asset involved in this transaction is a development site located at 24-26 Hurley Place in Newton, MA. The sale price for the property was $5,100,000, with a total square footage of 23,000, resulting in a price per square foot of $222.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $5,100,000
- Address: 24-26 Hurley Place
- Market: Newton, MA
- Square Footage: 23,000
- Price per Square Foot: $222
- Buyer: Douglas C. Yearley Jr
- Company: Toll Brothers
Toll Brothers, represented by Douglas C. Yearley Jr, has acquired the property as part of a larger plan to develop over 180 residential units at the nearby site located at 528 Boylston Street.
On the Map
$5,100,000
$221/SF
Development Site
View full map
Newton Center Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Visit Douglas C. Yearley Jr to view all their deals.
Browse Newton Center development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93