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Watertown Multifamily Property Sells For $1.05M With Esin Susol & Sonia Ahmed-Rollins As Reps

Property Image
SOLD
$1,051,000
Esin Susol
Sonia Ahmed-Rollins

Massachusetts

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MultiFamily3,637 SF
Sold 08/24/2023
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Property Image
SOLD

Watertown Multifamily Property Sells For $1.05M With Esin Susol & Sonia Ahmed-Rollins As Reps

17-19 Fayette Street

See Similar Deals
MultiFamily3,637 SF
Sold 08/24/2023
Esin Susol
Sonia Ahmed-Rollins
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$289
Total Square Footage:3,637 SF
Transaction Type:Sale

A multifamily property located at 17-19 Fayette Street in Watertown, Massachusetts, was recently sold for $1,051,000. The property spans 3,637 square feet, resulting in a price per square foot (PPSF) of $289.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $1,051,000
  • Square Footage: 3,637
  • Price per Square Foot: $289
  • Address: 17-19 Fayette Street, Watertown, MA

Esin Susol, from William Raveis Real Estate, represented the buyer in this transaction, while Sonia Ahmed-Rollins, from Exit Realty Group, represented the seller.

Players

Esin Susol
William Raveis Real Estate
Esin Susol
23 deals$49.7M volume(857) 350-0921
BROKER
Sonia Ahmed-Rollins
Exit Realty Group
Sonia Ahmed-Rollins
1 deal$1.1M volume(781) 454-6043
BROKER

Details

SOLD
IMAGE: Esin Susol & Sonia Ahmed-Rollins DATE: 08/24/2023 ADDRESS: 17-19 Fayette Street MARKET: Watertown, MA ASSET TYPE: Multifamily BUYER'S REP: Esin Susol (@ListwithEsin) - William Raveis Real Estate (@RaveisBrookline) SELLER'S REP: Sonia Ahmed-Rollins (@SoniasRollins) - Exit Realty Group (@Exitrgny) SALE PRICE: $1,051,000 SF: 3,637 ~ PPSF: $289 NOTE: A multifamily property located at 17-19 Fayette Street in Watertown, Massachusetts, was sold for $1,051,000. The property spans 3,637 square feet, resulting in a price per square foot (PPSF) of $289.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$56,053.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,734.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,982.28
Annual Debt Service$59,787.31