Compass Acquires Multifamily Property On Edinboro Street In Newton, MA For $1.22M
151 Edinboro Street, Newton, MA, USA
$1,220,000
$348/SF
Building Size
3,505 SF
Asset Type
MultiFamily
Closing
Feb 24, 2021
AI
Located at 151 Edinboro Street in Newton, MA, this multifamily property was recently sold. The transaction took place on 02/25/2021, with a sale price of $1,220,000. The property spans 3,505 square feet, resulting in a price per square foot of $348.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,220,000
- SF: 3,505
- PPSF: $348
The seller's representative for this sale was Paula Carter from Barrett Sotheby's International Realty. On the buyer's side, Jason Zhang represented the transaction through Compass.
Players
Newton 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
13.00%
Cash-on-Cash
-3.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93