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21 Fayette Street

Watertown Multifamily Property Sold For $1.155M With Buyer's Rep Dimitri Petrosian & Seller's Rep Anthony Coppola
SOLDMultiFamily

Watertown Multifamily Property Sold For $1.155M With Buyer's Rep Dimitri Petrosian & Seller's Rep Anthony Coppola

21 Fayette Street

$1,155,000

$360/SF

Building Size

3,208 SF

Asset Type

MultiFamily

Closing

Nov 2, 2023

AI

In Watertown, MA, a multifamily property located at 21 Fayette Street has been sold for a total price of $1,155,000. The property comprises a total of 3,208 square feet, resulting in a price per square foot of $360.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,155,000
  • Square Footage: 3,208
  • Price Per Square Foot: $360
  • Address: 21 Fayette Street, Watertown, MA

The buyer's representative for this transaction was Dimitri Petrosian from Elevated Realty, while the seller was represented by Anthony Coppola from Coldwell Banker - Waltham.

It should be noted that Dimitri Petrosian of Elevated Realty successfully represented the buyer, and Anthony Coppola of Coldwell Banker - Waltham represented the seller in this transaction.

Players

Anthony Coppola

Coldwell Banker

Broker

$28.4M

vol

20 deals

Broker

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

13.73%

Cash-on-Cash

-3.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93