Keller Williams Elite Represents Seller In $1.17M Sale Of Watertown Multifamily Property
SOLD
$1,170,000
Massachusetts
See Similar DealsMultiFamily2,810 SF
Sold
SOLD
Keller Williams Elite Represents Seller In $1.17M Sale Of Watertown Multifamily Property
13 Oakley Road, Watertown, Massachusetts, USA
See Similar DealsMultiFamily2,810 SF
Sold
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$416
Total Square Footage:2810 SF
Transaction Type:Sale
The multifamily property located at 13 Oakley Rd in Watertown, MA has been sold for $1,170,000. The transaction took place on July 12, 2021. The property spans across 2,810 square feet, resulting in a price per square foot of $416.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,170,000
- Date: 07/12/2021
- Address: 13 Oakley Rd
- Market: Watertown, MA
- Seller's Rep: Susan Marshall - Keller Williams Elite
- Buyer's Rep: Alex Lacroix - 4 Buyers Real Estate LLC
- SF: 2,810
- PPSF: $416
The seller was represented by Susan Marshall from Keller Williams Elite, while the buyer was represented by Alex Lacroix from 4 Buyers Real Estate LLC.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$62,400.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,156.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,546.40
Annual Debt Service$66,556.76
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