Multifamily Property In Newton, MA Sold For $1.47M With Buyer's Rep Devin Wong & Seller's Rep Todd Glaskin
15 Nonantum Street
$1,469,000
$520/SF
Building Size
2,824 SF
Asset Type
MultiFamily
Closing
Oct 6, 2023
AI
A multifamily property located at 15 Nonantum Street in Newton, MA, has been sold for a total of $1,469,000. This transaction involved Todd Glaskin from Coldwell Banker - Newton, who represented the seller, and Devin Wong from Kava Realty Group, Inc., who acted as the buyer's representative.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,469,000
- Address: 15 Nonantum Street, Newton, MA
- Market: Newton, MA
- Square Footage: 2,824 SF
- Price Per Square Foot: $520
This multifamily property at 15 Nonantum Street in Newton, MA, was successfully sold thanks to the involvement of Todd Glaskin from Coldwell Banker - Newton, representing the seller, and Devin Wong from Kava Realty Group, Inc., representing the buyer. The property offers a total square footage of 2,824 SF at a price per square foot of $520.
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
10.80%
Cash-on-Cash
-3.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93