facebook
Traded Co logo
Submit
Daily limit: 0/10

Xavier Clair Of Advantage Real Estate Represents Buyer In $1.3M Watertown Multifamily Sale

Property Image
SOLD
$1,300,000

Massachusetts

See Similar Deals
MultiFamily5,136 SF
Sold 08/01/2024
the dealplayerscompscontact
Property Image
SOLD

Xavier Clair Of Advantage Real Estate Represents Buyer In $1.3M Watertown Multifamily Sale

212 Maplewood Street & 214 Maplewood Street

See Similar Deals
MultiFamily5,136 SF
Sold 08/01/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$253
Total Square Footage:5,136 SF
Transaction Type:Sale

A 4-bedroom, 2-bathroom multi-family home located at 212-214 Maplewood Street in Watertown, MA, was sold for $1,300,000. The property spans 2,568 square feet and is situated at the end of a dead-end street, bordering Oakley Country Club. This multi-family asset offers significant renovation potential, featuring two units and a spacious yard.

Summary of transaction details:

Xavier Clair represented the buyer in this transaction, while Matt Gorman acted on behalf of the seller. The deal highlights the involvement of both Advantage Real Estate and Edge Realty Advisors, showcasing the collaboration between brokers in facilitating the sale of this multifamily property.

Players

Matt Gorman
4 deals$6.5M volume
BROKER

Xavier Clair
Advantage Real Estate
2 deals$2.4M volume(845) 913-6850
BROKER

Details

SOLD
IMAGE: Xavier Clair & Matt Gorman DATE: 08/01/2024 ADDRESS: 212-214 Maplewood Street MARKET: Watertown, MA ASSET TYPE: Multifamily BUYER'S REP: Xavier Clair - Advantage Real Estate (@AREBoston) SELLER'S REP: Matt Gorman - Edge Realty Advisors SALE PRICE: $1,300,000 SF: 2,568 ~ PPSF: $506 NOTE: A 4-bedroom, 2-bathroom multi-family home in Watertown, MA, sold for $1.3 million in 2024. Located at the end of a dead-end street and bordering Oakley Country Club, this 2,568-square-foot property offers significant renovation potential, with two units and a spacious yard.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$69,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,618.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,162.66
Annual Debt Service$73,951.96