Updated Dec 4, 2024
Radhy Pena Facilitates $1.1M Sale Of Multifamily Property In Watertown
26 Cypress Street
$1,100,000
$373/SF
Building Size
2,949 SF
Asset Type
MultiFamily
Closing
Feb 28, 2024
About this deal
AI
The multifamily property located at 26 Cypress Street in Watertown, MA, was recently sold for $1,100,000. The property spans 2,949 square feet, resulting in a price per square foot of $373.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 26 Cypress Street
- Market: Watertown, MA
Pondside Realty's Radhy Pena played a crucial role as the broker in facilitating the sale of the multifamily property at 26 Cypress Street in Watertown, MA.
The multifamily sale at 26 Cypress Street in Watertown, Massachusetts sold for $1.1M in 2024. The building is 2,949 square feet, implying about 373 per square foot on the published price. Radhy Pena, Pondside Realty appear on the sale alongside Pondside Realty. This page is the Watertown, Massachusetts file for the 26 Cypress Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Watertown sit in the Market section below. Filter that Watertown multifamily set by closing date to see what else sold near 26 Cypress Street around 2024. Published consideration for 26 Cypress Street is $1.1M, dated 2024. Cite this Radhy Pena Facilitates $1.1M Sale Of Multifamily Property In Watertown sale when underwriting similar multifamily product around Watertown, Massachusetts.
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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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93