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Watertown Multifamily Sold For $1.0075M With James Savas As The Broker
SOLD
$1,007,500
Massachusetts
See Similar DealsMultiFamily2,382 SF
Sold 09/29/2023
SOLD
Watertown Multifamily Sold For $1.0075M With James Savas As The Broker
145 Church Street
See Similar DealsMultiFamily2,382 SF
Sold 09/29/2023
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$423
Total Square Footage:2,382 SF
Transaction Type:Sale
A multifamily property in Watertown, MA, located at 145 Church Street, has been sold for $1.0075 million. The property spans 2,382 square feet and achieved a price per square foot (PPSF) of $423.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,007,500
- Square Footage: 2,382
- Price Per Square Foot: $423
- Market: Watertown, MA
- Broker: James Savas - Berkshire Hathaway HomeServices Commonwealth Real Estate
James Savas of Berkshire Hathaway HomeServices Commonwealth Real Estate oversaw the transaction for this multifamily property in Watertown, MA.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,733.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,579.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,776.06
Annual Debt Service$57,312.77
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