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
8,784 SF
Asset Type
MultiFamily
Closing
Sep 29, 2023
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.
Players
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