Coldwell Banker Realty Acquires Multifamily Property In Watertown, MA
SOLD
$1,160,000
Massachusetts
See Similar DealsMultiFamily2,626 SF
Sold 03/23/2022
SOLD
Coldwell Banker Realty Acquires Multifamily Property In Watertown, MA
18 20 Alcott Park, Malden, Massachusetts 02148, United States
See Similar DealsMultiFamily2,626 SF
Sold 03/23/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$441
Total Square Footage:2,626 SF
Transaction Type:Sale
The multifamily property located at 18 20 Walcott in Watertown, MA has been sold for a price of $1,160,000. The property spans a total of 2,626 square feet, resulting in a price per square foot of $442.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,160,000
- Address: 18 20 Walcott, Watertown, MA
- Market: Watertown, MA
In this transaction, the buyer was represented by Matthew Slowik and Steven Assarian from Coldwell Banker Realty - Lexington.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,121.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,498.99
Annual Debt Service$65,987.90
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