Updated Dec 19, 2023
Horvath & Tremblay Brokers Facilitate $3.8M Sale Of Watertown Multifamily Property
24 Church Street, Watertown, Massachusetts, USA
$3,800,000
$339/SF
Building Size
11,208 SF
Asset Type
MultiFamily
Closing
Jun 25, 2020
About this deal
AI
A multifamily property located at 24 Church Street in Watertown, MA has been sold for a total price of $3,800,000. The transaction took place on June 25, 2021. The property spans a total area of 11,208 square feet, resulting in a price per square foot of $339. It consists of 11 units, with an average price per unit of $345,455.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,800,000
- Square Footage: 11,208
- Price per Square Foot: $339
- Address: 24 Church Street, Watertown, MA
- Market: Watertown, MA
The brokers involved in the sale of this multifamily property were Dennis Kelleher and John Pentore, representing Horvath & Tremblay.
Players
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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93