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199 Church St, Newton, Mass...

Preservation Properties Represents Sale Of Multifamily Property In Newton, MA For $1.325M
SOLDMultiFamily

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

Ed Lyon

Broker

$12.1M

vol

9 deals

Broker

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