Karina Demurchyan Acquires Multifamily Property In Watertown For $1.22M
13-15 Harnden Avenue
$1,220,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 28, 2024
AI
A two-family home at 13-15 Harnden Ave in Watertown was sold for $1,220,000. The property boasts updated kitchens, hardwood floors, and offers convenient access to shopping and public transportation. Situated near Victory Field and Waverley Square, this meticulously maintained home provides a comfortable living space.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,220,000
- Units: 2
- Price per Unit: $610,000
- Address: 13-15 Harnden Avenue, Watertown, MA
- Market: Watertown, MA
Karina Demurchyan from Real Brokerrepresented the buyer in this transaction, while Ari Koufos from Realty Executives represented the seller. The deal was successfully closed on 06/28/2024, showcasing the expertise of the involved real estate professionals.
Players
Watertown 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
13.00%
Cash-on-Cash
-3.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93