facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

1149-1151 Walnut St

Updated Sep 9, 2024

Sotheby's International Realty Sells Multifamily Property On Walnut St In Newton, MA For $2.5M
SOLDMultiFamily

Sotheby's International Realty Sells Multifamily Property On Walnut St In Newton, MA For $2.5M

1149-1151 Walnut St

$2,505,000

$900/SF

Building Size

2,783 SF

Asset Type

MultiFamily

Closing

Mar 31, 2023

About this deal

AI

The multifamily property located at 1149-1151 Walnut St in Newton, MA has been sold for a total price of $2,505,000. The transaction took place on March 31, 2023, and was facilitated by the brokers Enrique Darer and Joseph Marini of Sotheby's International Realty. The property spans a total area of 27,833 square feet, resulting in a price per square foot of $90.

Summary of transaction details

Enrique Darer and Joseph Marini, representing Sotheby's International Realty, played a pivotal role in the successful completion of this transaction. Their expertise and professionalism ensured a smooth sale process for both the buyer and the seller.

Players

Enrique Darer

Sotheby's International Realty

Broker

$2.5M

vol

1 deal

Broker

Newton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $900 per square foot on a published $2.5M for 2,783 square feet (2023).

Visit Sotheby's International Realty to view all their deals.

Browse Newton multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.33%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets