Updated Dec 4, 2024
Zhensight Realty Brokers Close $1.43M Multifamily Sale In Newton, MA
1123-1125 Boylston Street
$1,430,000
$342/SF
Building Size
4,175 SF
Asset Type
MultiFamily
Closing
May 17, 2024
About this deal
AI
A multifamily property at 1123-1125 Boylston Street in Newton, MA, with a sale price of $1.43 million was recently sold. The transaction was facilitated by brokers May Mai and Raymond Eng of Zhensight Realty. The property spans 4,175 square feet and was sold at a price per square foot of $343.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,430,000
- Address: 1123-1125 Boylston Street
- Market: Newton, MA
- Brokers: May Mai & Raymond Eng - Zhensight Realty
- Square Footage: 4,175
- Price Per Square Foot: $343
The sale of the multifamily property at 1123-1125 Boylston Street in Newton, MA, was facilitated by May Mai and Raymond Eng, representing Zhensight Realty in the transaction.
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Newton Upper Falls 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
11.09%
Cash-on-Cash
-3.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93