Updated Sep 9, 2024
Newton Center Multifamily Sold For $1.4M To Susan Wade - Realty Executives & Lauren Carroll & Matt Montgomery - Compass
10 Read Court
$1,401,000
$558/SF
Building Size
2,507 SF
Asset Type
MultiFamily
Closing
Aug 22, 2023
About this deal
AI
A multifamily property located at 10 Read Court in Newton Center, MA, was sold for $1,401,000. The property spans 2,507 square feet, with a price per square foot of $559.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,401,000
- Address: 10 Read Court, Newton Center, MA
- Market: Newton Center, MA
Susan Wade from Realty Executives represented the buyer in this transaction, while Lauren Carroll and Matt Montgomery from Compass acted as the seller's representatives.
The multifamily sale at 10 Read Court in Newton Center, Massachusetts sold for $1.4M in 2023. The building is 2,507 square feet, implying about 558 per square foot on the published price. Matthew (Matt) Montgomery, Lauren Carroll, Susan Wade, Compass appear on the sale alongside Compass, Realty Executives. This page is the Newton Center, Massachusetts file for the 10 Read Court multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Newton Center sit in the Market section below. Filter that Newton Center multifamily set by closing date to see what else sold near 10 Read Court around 2023. Published consideration for 10 Read Court is $1.4M, dated 2023. Cite this Newton Center Multifamily Sold For $1.4M To Susan Wade - Realty Executives & Lauren Carroll & Matt Montgomery - Compass sale when underwriting similar multifamily product around Newton Center, Massachusetts.
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Newton Center 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
11.32%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93