Updated Dec 21, 2023
Compass Broker Facilitates $1.46M Multifamily Sale In Newton, MA
119 Washington St, Newton, MA, USA
$1,460,000
$330/SF
Building Size
4,420 SF
Asset Type
MultiFamily
Closing
Aug 5, 2020
About this deal
AI
The multifamily property located at 119 Washington St in Newton, MA has been sold for $1,460,000. The property spans a total area of 4,420 square feet, resulting in a price per square foot of $330.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,460,000
- Date: 08/05/2021
- Address: 119 Washington St, Newton, MA
- Market: Newton, MA
- Asset Type: Multifamily
Linda Brennan from Compass represented the seller in this transaction, while Kin Siu Lau from Kathleen Lau Realty, LLC acted as the buyer's representative.
Players
Newton 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
10.87%
Cash-on-Cash
-3.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93