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15 Nonantum Street

Multifamily Property In Newton, MA Sold For $1.47M With Buyer's Rep Devin Wong & Seller's Rep Todd Glaskin
SOLDMultiFamily

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

Todd Glaskin

Coldwell Banker

Broker

$109.8M

vol

23 deals

Broker

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