Updated Sep 5, 2024
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
About this deal
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.
On the Map
$1,305,000
$568/SF
MultiFamily
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Players
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