Updated Dec 4, 2024
Watertown Multifamily Property Sold For $1.2M - RE/MAX Revolution Acquires 13-15 York Avenue
13 York Avenue & 15 York Avenue
$1,234,567
$189/SF
Building Size
3,250 SF
Asset Type
MultiFamily
Closing
Aug 28, 2023
About this deal
AI
A multifamily property located at 13-15 York Avenue in Watertown, Massachusetts, was sold for $1,234,567. This property has a total area of 3,250 square feet and was sold at a rate of $380 per square foot.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,234,567
- Address: 13-15 York Avenue, Watertown, MA
- Market: Watertown, MA
The buyer's representative in this transaction was Gail Boroyan from RE/MAX Revolution, while the seller's representative was Eileen Doherty from Lamacchia Realty.
Note: A multifamily property located at 13-15 York Avenue in Watertown, Massachusetts, was sold for $1,234,567, at a rate of $380 per square foot.
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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
12.85%
Cash-on-Cash
-3.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93