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19-21 Fifield Street

Updated Dec 4, 2024

Town Property Group Acquires Multifamily Property In Watertown, MA For $1.15M
SOLDMultiFamily

Town Property Group Acquires Multifamily Property In Watertown, MA For $1.15M

19-21 Fifield Street

$1,150,000

$366/SF

Building Size

3,139 SF

Asset Type

MultiFamily

Closing

Dec 1, 2023

About this deal

AI

A multifamily property at 19-21 Fifield Street in Watertown, MA, was recently sold for $1,150,000. The property is a multifamily asset with a total square footage of 3,139. The price per square foot for this transaction was $366.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,150,000
  • Square Footage: 3,139
  • Price per Square Foot: $366
  • Address: 19-21 Fifield Street, Watertown, MA
  • Market: Watertown, MA

The buyer in this transaction was represented by Sam Resnick from Town Property Group. Lynn Findlay from Coldwell Banker served as the seller's representative.

Players

Lynn Findlay

Coldwell Banker

Broker

$3M

vol

2 deals

Broker

Watertown MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $366 per square foot on a published $1.2M for 3,139 square feet (2023).

Visit Lynn Findlay to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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