Gen X Realty Acquires Multifamily Property In Newton, MA For $1.52M
105 Waban Hill Road, Chestnut Hill, Massachusetts 02467, United States
$1,520,000
$393/SF
Building Size
3,866 SF
Asset Type
MultiFamily
Closing
Dec 13, 2021
AI
The multifamily property located at 105 Waban Hill Rd in Newton, MA has been sold for a price of $1,520,000. The property spans across 3,866 square feet, resulting in a price per square foot of $393. This transaction took place on December 13, 2021, and was facilitated by Valerie Wastcoat of Coldwell Banker Realty - Newton as the seller's representative.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,520,000
- Address: 105 Waban Hill Rd, Newton, MA
- Square Footage: 3,866
- Price per Square Foot: $393
- Date: 12/13/2021
- Seller's Representative: Valerie Wastcoat - Coldwell Banker Realty - Newton
Derek Chang of Gen X Realty represented the buyer in this transaction.
Players
Newton 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
10.44%
Cash-on-Cash
-2.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93