236 Chapel Street, LLC Acquires Multifamily Property In Newton, MA For $1.15M
236 Chapel Street, Newton, Massachusetts 02458, United States
$1,150,000
$388/SF
Building Size
2,961 SF
Asset Type
MultiFamily
Closing
Oct 30, 2022
AI
236 Chapel Street, located in Newton, MA, has been sold in a recent real estate transaction. This multifamily property spans over 2,961 square feet and was sold for a price of $1,150,000, resulting in a price per square foot of $388.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Date: 10/31/2022
- Address: 236 Chapel Street
- Market: Newton, MA
The buyer of the property is 236 Chapel Street, LLC, while the seller is Patsy Scrooc. The transaction was facilitated by Anthony Coppola and Massis Khoumjian from Coldwell Banker, who represented the respective parties involved.
Players
Newton 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93