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123 Waban Street

Updated Oct 15, 2026

Stephanie Lau Of Bellafi Real Estate Represents Buyer In $1.32M Newton Multifamily Sale
SOLDMultiFamily

Stephanie Lau Of Bellafi Real Estate Represents Buyer In $1.32M Newton Multifamily Sale

123 Waban Street & 125 Waban Street

$1,320,000

$267/SF

Building Size

2,464 SF

Asset Type

MultiFamily

Closing

Aug 16, 2024

About this deal

AI

A classic two-family home located at 123-125 Waban Street in Newton, MA, has been sold for $1,320,000. The multifamily asset features a total of 2,464 square feet and consists of 5 bedrooms and 2 bathrooms. The property includes amenities such as two garage bays, large porches, and a walk-up attic, contributing to its excellent rental potential. The average price per unit stands at $660,000, while the price per square foot is recorded at $536.

Summary of transaction details:

Stephanie Lau from Bellafi Real Estate represented the buyer in this transaction, while Edward Lyon from Preservation Properties represented the seller. This sale showcases the involvement of these real estate professionals in facilitating the property transaction in a competitive market.

On the Map

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$1,320,000

$267/SF

MultiFamily

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Players

Ed Lyon

Preservation Properties

Broker

$18.1M

vol

13 deals

Broker

Newton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $267 per square foot on a published $1.3M for 4,928 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.02%

Cash-on-Cash

-3.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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