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790 Watertown Street

Updated Dec 4, 2024

Re/Max Unlimited Represents Buyer In $1.5M Land Sale In Newton, MA
SOLDLand

Re/Max Unlimited Represents Buyer In $1.5M Land Sale In Newton, MA

790 Watertown Street

$1,500,000

Building Size

Asset Type

Land

Closing

Nov 22, 2023

About this deal

AI

In Newton, MA, a land parcel at 790 Watertown Street has been sold for $1,500,000. The property is located in the market of Newton and is classified as land.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,500,000
  • Address: 790 Watertown Street
  • Market: Newton, MA

Steve Ward of Re/Max Unlimited acted as the buyer's representative in this transaction, while Stig Bergquist from Keller Williams Realty - Chestnut Hill represented the seller.

Please note that the above information represents the key details of the closed transaction.

Players

Stig Bergquist

Keller Williams Realty

Broker

$1.5M

vol

1 deal

Broker

Newtonville Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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