Updated Dec 4, 2024
Waltham Multifamily Sells For $1.16M With Buyer's Rep Didier Lopez & Seller's Rep John Pentore
172 Newton Street & 174 Newton Street
$1,160,000
$132/SF
Building Size
4,392 SF
Asset Type
MultiFamily
Closing
Sep 29, 2023
About this deal
AI
A multifamily property in Waltham, MA, located at 172-174 Newton Street, has been sold for $1.16 million. The property spans 4,392 square feet and achieved a price per square foot (PPSF) of $264.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,160,000
- Address: 172-174 Newton Street, Waltham, MA
- Market: Waltham, MA
Didier Lopez from RE/MAX One Call Realty represented the buyer in this transaction, while John Pentore of Horvath & Tremblay represented the seller.
The multifamily sale at 172 Newton Street in Waltham, Massachusetts sold for $1.2M in 2023. The building is 8,784 square feet, implying about 132 per square foot on the published price. John Pentore, Didier Lopez, Horvath & Tremblay, Re/Max appear on the sale alongside Horvath & Tremblay, Re/Max. This page is the Waltham, Massachusetts file for the 172 Newton Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Waltham sit in the Market section below. Filter that Waltham multifamily set by closing date to see what else sold near 172 Newton Street around 2023. Published consideration for 172 Newton Street is $1.2M, dated 2023. Cite this Waltham Multifamily Sells For $1.16M With Buyer's Rep Didier Lopez & Seller's Rep John Pentore sale when underwriting similar multifamily product around Waltham, Massachusetts.
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Waltham 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
13.68%
Cash-on-Cash
-3.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93