Preservation Properties Represents Sale Of Multifamily Property In Newton, MA For $1.325M
199 Church St, Newton, Massachusetts, USA
$1,325,000
$276/SF
Building Size
4,794 SF
Asset Type
MultiFamily
Closing
Jun 16, 2020
AI
The multifamily property located at 199 Church St in Newton, MA was recently sold for a price of $1,325,000. The sale took place on June 16, 2021, and the property spans a total area of 4,794 square feet. This translates to a price per square foot of $276.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,325,000
- Date: June 16, 2021
- Address: 199 Church St, Newton, MA
- Market: Newton, MA
The sale of the property was facilitated by Ed Lyon of Preservation Properties. Ed Lyon represented the buyer and seller in this transaction. Preservation Properties is a reputable real estate agency involved in the deal.
Players
Newton 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
11.97%
Cash-on-Cash
-3.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93