Updated Dec 4, 2024
Judy Korzenowski Of Coldwell Banker Brokers $1.87M Sale Of Newton Multifamily
30 Braeland Avenue & 32 Braeland Avenue
$1,875,000
Units
2
Asset Type
MultiFamily
Closing
Apr 24, 2024
About this deal
AI
30/32 Braeland Ave in Newton, MA, was sold for $1.875 million. The property consists of two spacious units with a total of 6 beds, 3 baths, quartz countertops, and central air conditioning.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,875,000
- Units: 2
- Price Per Unit: $937,500
- Address: 30-32 Braeland Avenue, Newton, MA
- Market: Newton, MA
Judy Korzenowski from Coldwell Banker represented the parties involved in the transaction.
The multifamily sale at 30 Braeland Avenue in Newton Center, Massachusetts sold for $1.9M in 2024. Reported inventory is 2 units across 2 units. Judy Korzenowski, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Newton Center, Massachusetts file for the 30 Braeland Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Newton Center sit in the Market section below. Filter that Newton Center multifamily set by closing date to see what else sold near 30 Braeland Avenue around 2024. Published consideration for 30 Braeland Avenue is $1.9M, dated 2024. Cite this Judy Korzenowski Of Coldwell Banker Brokers $1.87M Sale Of Newton Multifamily sale when underwriting similar multifamily product around Newton Center, Massachusetts.
Players
Newton Center 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
8.46%
Cash-on-Cash
-2.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93