Updated Dec 20, 2023
Compass Brokers Facilitate $1.45M Sale Of Multifamily Property In Watertown, MA
18 Kimball Road, Watertown, Massachusetts 02472, United States
$1,450,000
$489/SF
Building Size
2,964 SF
Asset Type
MultiFamily
Closing
Apr 14, 2022
About this deal
AI
The recent sale of a multifamily property in Watertown, MA has generated significant interest in the market. Located at 16-18 Kimball Rd, this property offers a total area of 2,964 square feet. The transaction was facilitated by broker Ana Andreev from Compass. The sale price for this property was recorded at $1,450,000, resulting in a price per square foot (PPSF) of $489.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,450,000
- Address: 16-18 Kimball Rd, Watertown, MA
- Market: Watertown, MA
This successful transaction was overseen by broker Ana Andreev from Compass. With her expertise, the buyer and seller were able to negotiate a mutually beneficial deal. Ana Andreev's representation ensured a smooth and efficient closing process, further enhancing her reputation as a trusted real estate professional.
Players
Watertown 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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93