Rui Guo Of Peace Of Mind Realty Represents Buyer In $1.36M Watertown Multifamily Sale
29 Carver Road
$1,360,000
$385/SF
Building Size
3,526 SF
Asset Type
MultiFamily
Closing
Aug 15, 2024
AI
A three-family home at 29 Carver Road, Watertown, MA, was sold for $1.36 million. The property features 5 bedrooms and 3 bathrooms, offers a total of 3,526 square feet of living space, and has a price per unit of $453,333 and a price per square foot of $386. It is located near the Belmont/Cambridge line in the Oakley CC area, making it an attractive option for potential investors or owner-occupants.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,360,000
- Units: 3
- Square Footage: 3,526
- Price Per Unit: $453,333
- Price Per Square Foot: $386
- Buyer's Representative: Rui Guo - Peace of Mind Realty
- Seller's Representative: David Divecchia - Berkshire Hathaway HomeServices
The transaction was facilitated by Rui Guo from Peace of Mind Realty representing the buyer and David Divecchia from Berkshire Hathaway HomeServices representing the seller. This deal showcases the collaboration between established real estate professionals to successfully complete the sale of the property.
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
11.66%
Cash-on-Cash
-3.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93