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13-15 Harnden Avenue

Karina Demurchyan Acquires Multifamily Property In Watertown For $1.22M
SOLDMultiFamily

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

Ari Koufos

Realty Executives

Broker

$16.2M

vol

13 deals

Broker
Real Broker
Real BrokerBrokerage

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