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207 West Newton Street

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

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

207 West Newton Street

$3,170,000

$916/SF

Building Size

3,460 SF

Asset Type

MultiFamily

Closing

Dec 12, 2023

AI

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

Broker

$10.9M

vol

4 deals

Broker

Boston 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

5.00%

Cash-on-Cash

-1.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93