Updated Dec 4, 2024
Watertown Multifamily Property Sold For $1.25M With Buyer's Rep Mimy Wang & Seller's Rep Kimberly LaCivita
26 Berkeley Street & 28 Berkeley Street
$1,251,000
$225/SF
Building Size
2,772 SF
Asset Type
MultiFamily
Closing
Sep 18, 2023
About this deal
AI
A multifamily property located at 26-28 Berkeley Street in Watertown, Massachusetts, was recently sold for a total price of $1,251,000. The property spans a total of 2,772 square feet and was sold at a price of $451 per square foot.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,251,000
- Address: 26-28 Berkeley Street, Watertown, MA
- Market: Watertown, MA
- Buyer's Representative: Mimy Wang - MW Real Estate LLC
- Seller's Representative: Kimberly LaCivita - Pleasant View Real Estate
- Square Footage: 2,772
- Price per Square Foot: $451
The transaction was facilitated by Mimy Wang of MW Real Estate LLC as the buyer's representative and Kimberly LaCivita of Pleasant View Real Estate as the seller's representative. These individuals played key roles in the successful completion of the deal.
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
12.68%
Cash-on-Cash
-3.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93