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

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SOLD
$1,325,000

Massachusetts

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MultiFamily4,794 SF
Sold 06/16/2020
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SOLD

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

199 Church St, Newton, Massachusetts, USA

See Similar Deals
MultiFamily4,794 SF
Sold 06/16/2020
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$276
Total Square Footage:4,794 SF
Transaction Type:Sale

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

9 deals$12.1M volume
BROKER

Details

SOLD
IMAGE: Ed Lyon DATE: 06/16/2021 ADDRESS: 199 Church St MARKET: Newton, MA ASSET TYPE: Multifamily BROKER: Ed Lyon - Preservation Properties SALE PRICE: $1,325,000 SF: 4,794 ~ PPSF: $276

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,707.44
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