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
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