Engel & Volkers Boston Acquires Multifamily Property On 140 West Newton St For $3.1M
140 West Newton Street, Boston, Massachusetts 02118, United States
$3,122,500
$921/SF
Building Size
3,387 SF
Asset Type
MultiFamily
Closing
Jan 25, 2022
AI
140 West Newton St is a multifamily property located in Boston, MA. The property was sold on December 30, 2021, for a total of $3,122,500. It spans a total of 3,387 square feet, resulting in a price per square foot of $922.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,122,500
- Address: 140 West Newton St
- Market: Boston, MA
The buyer's representative in this transaction was Robb Cohen from Engel & Volkers Boston, while John Neale from Sprogis & Neale Real Estate represented the seller.
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.08%
Cash-on-Cash
-1.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93