Updated Dec 19, 2023
Watertown Multifamily Sells On Church Street For $3.8M With Brokers John Pentore & Dennis Kelleher
24 Church Street, Watertown, MA, USA
$3,800,000
$339/SF
Building Size
11,208 SF
Asset Type
MultiFamily
Closing
Dec 29, 2020
About this deal
AI
A multifamily property located at 24 Church Street in Watertown was recently sold. The transaction took place on December 30, 2020, with a sale price of $3,800,000. The property spans 11,208 square feet, resulting in a price per square foot of $339. It comprises 11 units, making the price per unit reach $345,545. The sale was facilitated by brokers John Pentore and Dennis Kelleher from Horvath & Tremblay.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,800,000
- Address: 24 Church Street, Watertown
- Market: Watertown
- Square Footage: 11,208
- Price Per Square Foot: $339
- Units: 11
- Price Per Unit: $345,545
John Pentore and Dennis Kelleher, from Horvath & Tremblay, represented the parties involved in the transaction. Their expertise and assistance were instrumental in facilitating the sale of this multifamily property.
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