Daily limit: 0/10
Mathew J. Arruda & Bruce Kirkcaldy Facilitate $1.25M Sale Of Multifamily In Newton, MA
SOLD
Massachusetts
See Similar DealsMultiFamily2,318 SF
Sold 04/26/2024
SOLD
Mathew J. Arruda & Bruce Kirkcaldy Facilitate $1.25M Sale Of Multifamily In Newton, MA
117-119 River Street
See Similar DealsMultiFamily2,318 SF
Sold 04/26/2024
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
Details
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
30 years
10 years
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
Is there something missing? Send suggestions