Updated Dec 21, 2023
Berkshire Hathaway HomeServices Acquires Multifamily Asset In Watertown, MA For $1.55M
189 Sycamore Street, Watertown, Massachusetts 02472, United States
$1,550,000
$393/SF
Building Size
3,937 SF
Asset Type
MultiFamily
Closing
Nov 16, 2021
About this deal
AI
The multifamily property located at 189-191 Sycamore St in Watertown, MA has been sold for $1,550,000. The property spans a total of 3,937 square feet, resulting in a price per square foot of $394.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Address: 189-191 Sycamore St, Watertown, MA
- Market: Watertown, MA
- Broker: Zack Harwood - Berkshire Hathaway HomeServices Warren Residential
Zack Harwood, representing Berkshire Hathaway HomeServices Warren Residential, played a key role in facilitating the transaction.
The multifamily sale at 189 Sycamore Street, Watertown, Massachusetts 02472, United States in Watertown, Massachusetts sold for $1.6M in 2021. The building is 3,937 square feet, implying about 393 per square foot on the published price. Zack Harwood, Berkshire Hathaway HomeServices appear on the sale alongside Berkshire Hathaway HomeServices. This page is the Watertown, Massachusetts file for the 189 Sycamore Street, Watertown, Massachusetts 02472, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Watertown sit in the Market section below. Filter that Watertown multifamily set by closing date to see what else sold near 189 Sycamore Street, Watertown, Massachusetts 02472, United States around 2021. Published consideration for 189 Sycamore Street, Watertown, Massachusetts 02472, United States is $1.6M, dated 2021. Cite this Berkshire Hathaway HomeServices Acquires Multifamily Asset In Watertown, MA For $1.55M sale when underwriting similar multifamily product around Watertown, Massachusetts.
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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93