Updated Dec 21, 2023
Coldwell Banker Acquires Multifamily Property In Watertown, MA For $1.1M
20-22 Brookline St, Watertown, MA, USA
$1,085,000
$521/SF
Building Size
2,080 SF
Asset Type
MultiFamily
Closing
Sep 23, 2021
About this deal
AI
A multifamily property located at 20-22 Brookline St in Watertown, MA has been sold off-market for $1,085,000. The property consists of 2 units with a price per unit of $542,500. The total square footage of the property is 2,080, resulting in a price per square foot of $522.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,085,000
- Address: 20-22 Brookline St, Watertown, MA
- Market: Watertown, MA
- Units: 2
- Price per Unit: $542,500
- Square Footage: 2,080
- Price per Square Foot: $522
The sale was facilitated by Anthony Coppola from Coldwell Banker. This off-market transaction highlights the demand for residential properties in Watertown, MA.
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
14.62%
Cash-on-Cash
-4.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93