Updated Dec 21, 2023
Coldwell Banker Realty - Newton Represents Buyer In $1.7M Multifamily Sale In Newton, MA
32 Woodland Rd, Newton, Auburndale, Massachusetts, USA
$1,700,000
$311/SF
Building Size
5,460 SF
Asset Type
MultiFamily
Closing
Jul 18, 2021
About this deal
AI
The multifamily property located at 32 Woodland Rd in Newton, MA has been sold for $1,700,000. The transaction took place on July 19, 2021. The property spans a total area of 5,460 square feet, resulting in a price per square foot of $311.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,700,000
- Address: 32 Woodland Rd, Newton, MA
- Date: July 19, 2021
- Market: Newton, MA
- Broker: Elaine Kateman - Coldwell Banker Realty - Newton
- Square Footage: 5,460
- Price Per Square Foot: $311
Elaine Kateman of Coldwell Banker Realty in Newton represented the parties involved in this transaction.
Players
Newton 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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93