Updated Sep 5, 2024
Keller Williams Realty Acquires Multifamily Property In Newton, MA
3 Bacon Place, Newton, Massachusetts 02464, United States
$1,098,000
$340/SF
Building Size
3,229 SF
Asset Type
MultiFamily
Closing
Dec 14, 2021
About this deal
AI
The multifamily property located at 3 Bacon Pl in Newton, MA was recently sold for $1,098,000. The sale took place on December 14, 2021. The property spans a total of 3,229 square feet, resulting in a price per square foot of $340.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,098,000
- Date: 12/14/2021
- Address: 3 Bacon Pl, Newton, MA
The seller's representative in this transaction was Jackie Vanas from Coldwell Banker Realty - Brookline. On the buyer's side, Johnette Johnson-Fisher from Keller Williams Realty represented the buyer.
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
14.45%
Cash-on-Cash
-4.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93