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144 East Side Parkway, Newt...

Updated Dec 21, 2023

Patty Walsh Greene Facilitates $1.65M Sale Of Multifamily Property In Newton, MA
SOLDMultiFamily

Patty Walsh Greene Facilitates $1.65M Sale Of Multifamily Property In Newton, MA

144 East Side Parkway, Newton, MA 02458

$1,650,000

$448/SF

Building Size

3,679 SF

Asset Type

MultiFamily

Closing

Aug 6, 2020

About this deal

AI

The multifamily property located at 144 E Side Pkwy in Newton, MA has been sold for $1,650,000 on 08/06/2021. With a total square footage of 3,679, the sale price per square foot (PPSF) amounts to $448. Patty Walsh Greene from Centre Realty Group represented the transaction as the broker.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,650,000
  • Address: 144 E Side Pkwy, Newton, MA
  • Square Footage: 3,679
  • Price per Square Foot (PPSF): $448
  • Broker: Patty Walsh Greene - Centre Realty Group

Patty Walsh Greene from Centre Realty Group played a key role as the broker in facilitating the sale of this multifamily property in Newton, MA. Their expertise and representation ensured a successful transaction for the parties involved.

Players

Centre Realty Group
Centre Realty GroupBrokerage

Newton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $448 per square foot on a published $1.7M for 3,679 square feet (2020).

Visit Centre Realty Group to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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