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Judy Korzenowski Of Coldwell Banker Brokers $1.87M Sale Of Newton Multifamily
SOLD
$1,875,000
Massachusetts
See Similar DealsMultiFamily
Sold 04/24/2024
SOLD
Judy Korzenowski Of Coldwell Banker Brokers $1.87M Sale Of Newton Multifamily
30 Braeland Avenue & 32 Braeland Avenue
See Similar DealsMultiFamily
Sold 04/24/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$100,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,661.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,888.46
Annual Debt Service$106,661.48
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