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105 Waban Hill Road, Chestn...

Updated Dec 19, 2023

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

About this deal

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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Deal FAQ

About $393 per square foot on a published $1.5M for 3,866 square feet (2021).

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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

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