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Adriano Varano & David Divecchia Broker Sale Of Multifamily In Watertown, MA For $1.23M
SOLD
Massachusetts
See Similar DealsMultiFamily3,248 SF
Sold 02/05/2024
SOLD
Adriano Varano & David Divecchia Broker Sale Of Multifamily In Watertown, MA For $1.23M
184-186 Warren Street
See Similar DealsMultiFamily3,248 SF
Sold 02/05/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$379
Total Square Footage:3,248 SF
Transaction Type:Sale
In Watertown, MA, a multifamily property located at 184-186 Warren Street was sold for $1,232,000. The property spans 3,248 square feet with a price per square foot of $379.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,232,000
- Address: 184-186 Warren Street
- Market: Watertown, MA
Adriano Varano from Keller Williams Realty represented the buyer in the deal, while David Divecchia from Berkshire Hathaway HomeServices served as the seller's representative in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$65,706.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,377.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,840.31
Annual Debt Service$70,083.70
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