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Newton Multifamily Property Sold For $1.825M With Janvrin Demler & Todd Glaskin Of Coldwell Banker Realty
SOLD
Massachusetts
See Similar DealsMultiFamily3,752 SF
Sold 11/08/2023
SOLD
Newton Multifamily Property Sold For $1.825M With Janvrin Demler & Todd Glaskin Of Coldwell Banker Realty
30 Willow Street
See Similar DealsMultiFamily3,752 SF
Sold 11/08/2023
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.
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Deal Type
30 years
10 years
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
Annual Debt Service$103,817.17
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