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Engel & Völkers Acquires Multifamily Property In Boston For $3.17M

Property Image
SOLD
$3,170,000
Matthew Yanosy
Barbara Wales

Massachusetts

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MultiFamily3,460 SF
Sold
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Property Image
SOLD

Engel & Völkers Acquires Multifamily Property In Boston For $3.17M

207 West Newton Street

See Similar Deals
MultiFamily3,460 SF
Sold
Matthew Yanosy
Barbara Wales
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$916
Total Square Footage:3460 SF
Transaction Type:Sale

A multifamily property located at 207 West Newton Street in Boston, MA has recently been sold for $3.17 million. The property spans across 3,460 square feet, resulting in a price per square foot of $916. The transaction took place on December 12, 2023, making it a recent sale in the market.

Summary of transaction details

Barbara Wales, from Engel & Völkers, represented the buyer in this transaction. On the other hand, Matthew Yanosy, from Boston Realty Net, served as the seller's representative. These key individuals played a crucial role in ensuring the successful completion of the deal.

Players

Barbara Wales
Engel & Völkers
Barbara Wales
4 deals$10.9M volume
BROKER
Matthew Yanosy
Boston Realty Net
Matthew Yanosy
1 deal$3.2M volume(617) 413-3216
BROKER

Details

SOLD
IMAGE: Barbara Wales & Matthew Yanosy DATE: 12/12/2023 ADDRESS: 207 West Newton Street MARKET: Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Barbara Wales - Engel & Völkers (@EngelVoelkers.Global) SELLER'S REP: Matthew Yanosy (@MattYanosy) - Boston Realty Net SALE PRICE: $3,170,000 SF: 3,460 ~ PPSF: $916 NOTE: A multifamily property at 207 West Newton Street was recently sold for $3.17 million. The buyer was represented by Barbara Wales of Engel & Völkers, while Matthew Yanosy of Boston Realty Net served as the seller's representative in the transaction. ölkers

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Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,262.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,027.42
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