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28 Chauncey Street

Kylee Caiazza & Ari Koufos Handle $1.31M Sale Of Watertown Multifamily
SOLDMultiFamily

Kylee Caiazza & Ari Koufos Handle $1.31M Sale Of Watertown Multifamily

28 Chauncey Street & 30 Chauncey Street

$1,310,000

$244/SF

Building Size

5,368 SF

Asset Type

MultiFamily

Closing

Apr 22, 2024

AI

A two-family home located at 28-30 Chauncey Street in Watertown was recently sold for $1,310,000. The property consists of two units, each featuring three bedrooms. The units are well-maintained and come with updated systems, maintenance-free vinyl siding, and off-street parking including a two-car garage. The sale price equates to $655,000 per unit with a total square footage of 2,684 and a price per square foot of $488.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,310,000
  • Address: 28-30 Chauncey Street
  • Market: Watertown, NA
  • Units: 2
  • Price per Unit: $655,000
  • Square Footage: 2,684
  • Price per Square Foot: $488

Kylee Caiazza from Coldwell Banker represented the buyer in this transaction, while Ari Koufos from Realty Executives Boston West represented the seller. The property, with its sought-after location and attractive features, garnered significant interest and was successfully closed at the aforementioned price.

Players

Ari Koufos

Realty Executives

Broker

$16.2M

vol

13 deals

Broker

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

12.11%

Cash-on-Cash

-3.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93