facebook
Traded Co logo
Submit
Daily limit: 0/10

Matthew Stevens' Stevens Property Group Acquires MultiFamily Property In Newton, MA For $1.05M

Property Image
SOLD
$1,050,000

Massachusetts

See Similar Deals
MultiFamily2,300 SF
Sold 01/04/2024
the dealplayerscompscontact
Property Image
SOLD

Matthew Stevens' Stevens Property Group Acquires MultiFamily Property In Newton, MA For $1.05M

235 California Street

See Similar Deals
MultiFamily2,300 SF
Sold 01/04/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$456
Total Square Footage:2,300 SF
Transaction Type:Sale

A multifamily property located at 235 California Street in Newton, MA, was recently sold for $1,050,000. The property has a total of 2,300 square feet, resulting in a price per square foot of $457.

Summary of transaction details

The transaction involved Matthew Stevens of Stevens Property Group representing the buyer and John Heaney of Success! Real Estate representing the seller.

Players

John Heaney
2 deals$2.2M volume(617) 515-0209
BROKER

Matthew Stevens
1 deal$1.1M volume
BROKER

Details

SOLD
IMAGE: Matthew Stevens & John Heaney DATE: 01/04/2024 ADDRESS: 235 California Street MARKET: Newton, MA ASSET TYPE: MultiFamily BUYER'S REP: Matthew Stevens - Stevens Property Group SELLER'S REP: John Heaney - Success! Real Estate (@SuccessRealEstate) SALE PRICE: $1,050,000 SF: 2,300 ~ PPSF: $457 NOTE: A multifamily property located at 235 California Street in Newton, MA, was recently sold for $1,050,000. The transaction involved Matthew Stevens of Stevens Property Group representing the buyer and John Heaney of Success! Real Estate representing the seller.

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)

$55,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43