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Judy Korzenowski Of Coldwell Banker Brokers $1.87M Sale Of Newton Multifamily

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SOLD
$1,875,000

Massachusetts

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MultiFamily
Sold 04/24/2024
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SOLD

Judy Korzenowski Of Coldwell Banker Brokers $1.87M Sale Of Newton Multifamily

30 Braeland Avenue & 32 Braeland Avenue

See Similar Deals
MultiFamily
Sold 04/24/2024
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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.

Players

Judy Korzenowski
2 deals$3.5M volume
BROKER

Details

SOLD
IMAGE: Judy Korzenowski DATE: 04/24/2024 ADDRESS: 30-32 Braeland Avenue MARKET: Newton, MA ASSET TYPE: Multifamily BROKER: Judy Korzenowski (@judykorzenowski) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,875,000 UNITS: 2 ~ PPU: $937,500 NOTE: 30/32 Braeland Ave in Newton, MA, sold for $1.875 million, offering two spacious units with 6 beds, 3 baths, and modern amenities like quartz countertops and central air conditioning.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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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
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