Compass Acquires Multifamily Property On Edinboro Street In Newton, MA For $1.22M
SOLD
Massachusetts
See Similar DealsMultiFamily3,505 SF
Sold 02/25/2021
SOLD
Compass Acquires Multifamily Property On Edinboro Street In Newton, MA For $1.22M
151 Edinboro Street, Newton, MA, USA
See Similar DealsMultiFamily3,505 SF
Sold 02/25/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$348
Total Square Footage:3,505 SF
Transaction Type:Sale
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$65,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,334.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,783.42
Annual Debt Service$69,401.07
Is there something missing? Send suggestions