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Multifamily In Newton, MA Sold For $1.365M By Buyer & Seller Reps

Property Image
SOLD
$1,365,000
Irene Kerzner
Ryan Sabourin
Wendy Matthews
+ 1

Massachusetts

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MultiFamily2,760 SF
Sold 11/09/2023
the dealplayerscompscontact
Property Image
SOLD

Multifamily In Newton, MA Sold For $1.365M By Buyer & Seller Reps

122-124 Cabot Street

See Similar Deals
MultiFamily2,760 SF
Sold 11/09/2023
Irene Kerzner
Ryan Sabourin
Wendy Matthews
+ 1
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$494
Total Square Footage:2,760 SF
Transaction Type:Sale

A multifamily property located at 122-124 Cabot Street in Newton, MA, has been sold for $1,365,000. The property has a total square footage of 2,760 and a price per square foot of $495.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,365,000
  • Address: 122-124 Cabot Street, Newton, MA
  • Market: Newton, MA

The Homes Team of William Raveis Real Estate in Newton represented the buyer in this transaction. The seller was represented by Irene Kerzner, Martha Huntley, Ryan Sabourin, and Wendy Matthews of Concierge Home Sales By The Kerzner Group.

Players

Irene Kerzner
Hammond Residential Real Estate
Irene Kerzner
2 deals$3.1M volume(617) 413-3598
BROKER
Ryan Sabourin
Hammond Residential Real Estate
Ryan Sabourin
2 deals$3.1M volume(508) 561-8485
BROKER
Wendy Matthews
Hammond Residential Real Estate
Wendy Matthews
2 deals$3.1M volume(617) 275-3233
BROKER
Martha Huntley
Hammond Residential Real Estate
Martha Huntley
2 deals$3.1M volume(617) 650-4688
BROKER

Details

SOLD
IMAGE: Irene Kerzner, Martha Huntley, Ryan Sabourin & Wendy Matthews DATE: 11/09/2023 ADDRESS: 122-124 Cabot Street MARKET: Newton, MA ASSET TYPE: Multifamily BUYER'S REP: Homes Team - William Raveis Real Estate - Newton SELLER'S REP: Irene Kerzner, Martha Huntley (@MarthaHuntleyWebler), Ryan Sabourin & Wendy Matthews (@Wendy.Matthews.54966) - Concierge Home Sales By The Kerzner Group (@ConciergeHomeSales) SALE PRICE: $1,365,000 SF: 2,760 ~ PPSF: $495 NOTE: A multifamily property located at 122-124 Cabot Street in Newton, MA, has been sold for $1,365,000. The transaction involved representation from the buyer's side by the Homes Team - William Raveis Real Estate - Newton, Irene Kerzner, Martha Huntley, Ryan Sabourin, and Wendy Matthews of Hammond Residential Real Estate representing the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$72,799.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,849.56
Cash-on-Cash Return-1.27%
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