Updated Dec 19, 2023
Chris Vietor Of EXp Realty Acquires Multifamily Property On Fordham Rd In Newton, MA For $1.35M
15 Fordham Road, Newton, Massachusetts 02465, United States
$1,352,500
$523/SF
Building Size
2,586 SF
Asset Type
MultiFamily
Closing
May 22, 2022
About this deal
AI
The multifamily property located at 13-15 Fordham Rd in Newton, MA has been sold for a price of $1,352,500. The property spans 2,586 square feet, resulting in a price per square foot of $523. The transaction took place on 05/23/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,352,500
- Address: 13-15 Fordham Rd, Newton, MA
- Market: Newton, MA
- Buyer's Representative: Chris Vietor - eXp Realty
- Seller's Representative: Sandra Siciliano - Dwell360
- Square Footage: 2,586 sq ft
- Price per Square Foot: $523
Chris Vietor from eXp Realty represented the buyer in this transaction, while Sandra Siciliano from Dwell360 represented the seller. The deal showcases the expertise and professionalism of these representatives in the Newton, MA market.
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
11.73%
Cash-on-Cash
-3.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93