Updated Dec 21, 2023
Jarrett Lau Acquires Multifamily Property In Newton, MA For $1.1M
29 Boylston Rd, Newton, Newton Highlands, Massachusetts, USA
$1,100,000
$385/SF
Building Size
2,857 SF
Asset Type
MultiFamily
Closing
Mar 22, 2021
About this deal
AI
The multifamily property located at 29 Boylston Rd Side St in Newton, MA was sold on 03/23/2021 for a sale price of $1,100,000. The property spans 2,857 square feet and has a price per square foot of $385.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 29 Boylston Rd Side St, Newton, MA
- Market: Newton, MA
- Seller's Representative: Mindy Abramowitz - Centre Realty Group
- Buyer's Representative: Jarrett Lau - Kunevich & Lau Realty, LLC
The seller's representative for this transaction was Mindy Abramowitz from Centre Realty Group, while the buyer's representative was Jarrett Lau from Kunevich & Lau Realty, LLC.
Players
Newton 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