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141 Harvard Street, Newton,...

Premier Realty Group Sells Multifamily Property In Newton, MA For $1.3M
SOLDMultiFamily

Premier Realty Group Sells Multifamily Property In Newton, MA For $1.3M

141 Harvard Street, Newton, Massachusetts 02460, United States

$1,305,000

$568/SF

Building Size

2,295 SF

Asset Type

MultiFamily

Closing

May 22, 2022

AI

The multifamily property located at 139-141 Harvard St in Newton, MA was recently sold for $1,305,000. The property spans across 2,295 square feet, resulting in a price per square foot of $569.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,305,000
  • Address: 139-141 Harvard St, Newton, MA
  • Market: Newton, MA
  • Buyer's Representative: Won Ra - Premier Realty Group
  • Seller's Representative: Julie Jun - Premier Realty Group
  • Square Footage: 2,295
  • Price per Square Foot: $569

Won Ra of Premier Realty Group represented the buyer in this transaction, while Julie Jun, also from Premier Realty Group, represented the seller.

Players

Won Ra

Premier Realty Group

Broker

$3.6M

vol

3 deals

Broker

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

12.16%

Cash-on-Cash

-3.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93