facebook
Traded Co logo
Submit
Daily limit: 0/10

Mathew J. Arruda & Bruce Kirkcaldy Facilitate $1.25M Sale Of Multifamily In Newton, MA

Property Image
SOLD
$1,255,000

Massachusetts

See Similar Deals
MultiFamily2,318 SF
Sold 04/26/2024
the dealplayerscompscontact
Property Image
SOLD

Mathew J. Arruda & Bruce Kirkcaldy Facilitate $1.25M Sale Of Multifamily In Newton, MA

117-119 River Street

See Similar Deals
MultiFamily2,318 SF
Sold 04/26/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$541
Total Square Footage:2,318 SF
Transaction Type:Sale

117-119 River St in Newton, MA sold for $1,255,000. This renovated two-family home near West Newton Square features upgraded kitchens, pristine baths, and gleaming hardwood floors.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,255,000
  • Address: 117-119 River Street
  • Market: Newton, MA
  • Units: 2
  • Price per Unit: $627,500
  • Square Footage: 2,318
  • Price per Square Foot: $541
  • Buyer's Rep: Mathew J. Arruda - Compass
  • Seller's Rep: Bruce Kirkcaldy - Coldwell Banker

This transaction was facilitated with Mathew J. Arruda from Compass representing the buyer and Bruce Kirkcaldy from Coldwell Banker representing the seller.

Players

Mathew J. Arruda
2 deals$2.7M volume
BROKER

Bruce Kirkcaldy
Coldwell Banker
2 deals$2.8M volume
BROKER

Details

SOLD
IMAGE: Mathew J. Arruda & Bruce Kirkcaldy DATE: 04/26/2024 ADDRESS: 117-119 River Street MARKET: Newton, MA ASSET TYPE: Multifamily BUYER'S REP: Mathew J. Arruda (@MathewJarruda) - Compass (@Compass) SELLER'S REP: Bruce Kirkcaldy (@BKirkcaldy) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,255,000 UNITS: 2 ~ PPU: $627,500 SF: 2,318 ~ PPSF: $541 NOTE: 117-119 River St in Newton, MA sold for $1,255,000. This renovated two-family home near West Newton Square features upgraded kitchens, pristine baths, and gleaming hardwood floors.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$66,933.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,458.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,949.34
Annual Debt Service$71,392.08