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105 Waban Hill Road, Chestn...

Gen X Realty Acquires Multifamily Property In Newton, MA For $1.52M
SOLDMultiFamily

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

Valerie Wastcoat

Coldwell Banker

Broker

$1.5M

vol

1 deal

Broker

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