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Newton Multifamily Property Sold For $1.825M With Janvrin Demler & Todd Glaskin Of Coldwell Banker Realty

Property Image
SOLD
$1,825,000

Massachusetts

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MultiFamily3,752 SF
Sold 11/08/2023
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Property Image
SOLD

Newton Multifamily Property Sold For $1.825M With Janvrin Demler & Todd Glaskin Of Coldwell Banker Realty

30 Willow Street

See Similar Deals
MultiFamily3,752 SF
Sold 11/08/2023
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$486
Total Square Footage:3,752 SF
Transaction Type:Sale

A multifamily property located at 30 Willow Street in Newton, MA has been sold for $1,825,000. The property spans across 3,752 square feet and was sold at a price of $486 per square foot.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,825,000
  • Address: 30 Willow Street, Newton, MA
  • Market: Newton, MA
  • Square Footage: 3,752
  • Price Per Square Foot: $486

The sale transaction was facilitated by Janvrin Demler and Todd Glaskin from Coldwell Banker Realty - Newton.

Note: Janvrin Demler and Todd Glaskin, representing Coldwell Banker Realty - Newton, acted as brokers in the transaction.

Players

Todd Glaskin
23 deals$109.8M volume
BROKER

Janvrin Demler
Coldwell Banker
1 deal$1.8M volume(917) 648-7714
BROKER

Details

SOLD
IMAGE: Janvrin Demler & Todd Glaskin DATE: 11/08/2023 ADDRESS: 30 Willow Street MARKET: Newton, MA ASSET TYPE: Multifamily BROKERS: Janvrin Demler (@JanvrinDemler) & Todd Glaskin (@ToddGlaskin) - Coldwell Banker Realty - Newton (@CBRBNewton) SALE PRICE: $1,825,000 SF: 3,752 ~ PPSF: $486 NOTE: A multifamily property at 30 Willow Street in Newton has been sold for $1,825,000, with brokers Janvrin Demler and Todd Glaskin of Coldwell Banker Realty - Newton facilitating the transaction.

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

$97,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,483.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,651.43
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