Annie Youssoufian Of Boston Brownstones Realty Represents Buyer In $1.1M Watertown Multifamily Sale
17 Oakland Street & 19 Oakland Street
$1,107,500
$238/SF
Building Size
2,320 SF
Asset Type
MultiFamily
Closing
Sep 16, 2024
AI
A two-family home located at 17-19 Oakland Street in Watertown, MA, has been sold for $1,107,500. This multifamily asset encompasses a total of 2,320 square feet and includes 6 bedrooms and 2 bathrooms. The property features hardwood floors, renovated kitchens and bathrooms, and private balconies. Additionally, it provides convenient access to Watertown Square and public transportation.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,107,500
- Units: 2
- Price Per Unit: $553,750
- Square Footage: 2,320
- Price Per Square Foot: $477
Annie Youssoufian of Boston Brownstones Realty represented the buyer in this transaction, while Abby Marsh of Lamacchia Realty acted as the representative for 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
14.32%
Cash-on-Cash
-4.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93