SOLDMultiFamily
Judy Korzenowski Of Coldwell Banker Brokers $1.87M Sale Of Newton Multifamily
30 Braeland Avenue & 32 Braeland Avenue
$1,875,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 24, 2024
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.
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