SOLDMultiFamily
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
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.
Players
Watertown MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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