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10-12 Hunt St, Watertown, M...

Delaney & Venezia Inc. Sells Multifamily Property In Watertown, MA For $1.44M
SOLDMultiFamily

Delaney & Venezia Inc. Sells Multifamily Property In Watertown, MA For $1.44M

10-12 Hunt St, Watertown, Massachusetts, USA

$1,440,000

$352/SF

Building Size

4,091 SF

Asset Type

MultiFamily

Closing

Aug 4, 2020

AI

A multifamily property located at 10-12 Hunt St in Watertown, MA was recently sold for $1,440,000. The property spans 4,091 square feet, resulting in a price per square foot of $352. The sale of this property was facilitated by Jamie Venezia of Delaney & Venezia Inc.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,440,000
  • Address: 10-12 Hunt St, Watertown, MA
  • Market: Watertown, MA
  • Square Footage: 4,091
  • Price per Square Foot: $352

Jamie Venezia, representing Delaney & Venezia Inc., played a key role in facilitating the sale of this multifamily property. Their expertise and negotiation skills contributed to the successful completion of the transaction.

Players

Jamie Venezia

Broker

$4.6M

vol

3 deals

Broker

Watertown MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.02%

Cash-on-Cash

-3.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93