facebook
Traded Co logo
Submit
Daily limit: 0/10

Sarah Dunlevy Of William Raveis Real Estate Represents Buyer In Newton Multifamily Sale For $1.75M

Property Image
SOLD
$1,750,000

Massachusetts

See Similar Deals
MultiFamily4,240 SF
Sold 09/18/2024
the dealplayerscompscontact
Property Image
SOLD

Sarah Dunlevy Of William Raveis Real Estate Represents Buyer In Newton Multifamily Sale For $1.75M

12 Gordon Terrace

See Similar Deals
MultiFamily4,240 SF
Sold 09/18/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$412
Total Square Footage:4,240 SF
Transaction Type:Sale

A well-maintained three-family home located at 12 Gordon Terrace in Newton, MA, sold for $1,750,000. The property spans 4,240 square feet and includes 11 bedrooms and 5 baths. It also features hardwood floors and offers up to 9 off-street parking spaces, with convenient access to bus lines and the Mass Pike.

Summary of transaction details:

The transaction involved Sarah Dunlevy representing the buyer and Victor Lu representing the seller. Both representatives played key roles in facilitating the sale of this multifamily property in the Newton market.

Players

VL
1 deal$1.8M volume
BROKER

Details

SOLD
IMAGE: Sarah Dunlevy DATE: 09/18/2024 ADDRESS: 12 Gordon Terrace MARKET: Newton, MA ASSET TYPE: Multifamily BUYER'S REP: Sarah Dunlevy (@Sarah.Dunlevy) - William Raveis Real Estate-Milton (@RaveisMilton) SELLER'S REP: Victor Lu - V & E Realty SALE PRICE: $1,750,000 UNITS: 3 ~ PPU: $583,333 SF: 4,240 ~ PPSF: $413 NOTE: A well-maintained three-family home at 12 Gordon Ter in Newton sold for $1.75 million. The property features 11 bedrooms, 5 baths, hardwood floors, and up to 9 off-street parking spaces, with easy access to bus lines and the Mass Pike.

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)

$93,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,217.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,295.89
Annual Debt Service$99,550.71