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17-19 Fayette Street

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

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

17-19 Fayette Street

$1,051,000

$289/SF

Building Size

3,637 SF

Asset Type

MultiFamily

Closing

Aug 24, 2023

AI

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

Broker

$49.7M

vol

23 deals

Broker

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

15.09%

Cash-on-Cash

-4.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93