Updated Dec 19, 2023
Mike DelRose Team Sells Multifamily Property In Watertown, MA For $1.24M
10 Middlesex Rd, Watertown, Massachusetts 02472, United States
$1,237,500
$395/SF
Building Size
3,132 SF
Asset Type
MultiFamily
Closing
Dec 15, 2021
About this deal
AI
The multifamily property located at 10 Middlesex Rd in Watertown, MA has been sold for a price of $1,237,500. The property spans 3,132 square feet, resulting in a price per square foot of $395. The sale took place on December 15, 2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,237,500
- Address: 10 Middlesex Rd, Watertown, MA
- Market: Watertown, MA
- Square Footage: 3,132
The buyer's representative in this transaction was Kenneth Holt from Arsenal Realty. On the other hand, the seller's representative was the Mike DelRose Team from Re/Max Revolution.
Players
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
12.82%
Cash-on-Cash
-3.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93