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334 Linwood Avenue

Multifamily Property At 334 Linwood Avenue In Newton, MA, Sold For $1.7M With RE/MAX Preferred Properties' Maureen Kelly Fromm
SOLDMultiFamily

Multifamily Property At 334 Linwood Avenue In Newton, MA, Sold For $1.7M With RE/MAX Preferred Properties' Maureen Kelly Fromm

334 Linwood Avenue

$1,700,000

$380/SF

Building Size

4,470 SF

Asset Type

MultiFamily

Closing

Nov 30, 2023

AI

A multifamily property located at 334 Linwood Avenue in Newton, MA has recently been sold for a total of $1.7 million. The transaction was facilitated by broker Maureen Kelly Fromm of RE/MAX Preferred Properties. The property features a total square footage of 4,470, resulting in a price per square foot of $380.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,700,000
  • Square Footage: 4,470 SF
  • Price per Square Foot: $380
  • Address: 334 Linwood Avenue, Newton, MA
  • Market: Newton, MA
  • Broker: Maureen Kelly Fromm - RE/MAX Preferred Properties

Maureen Kelly Fromm of RE/MAX Preferred Properties played a crucial role in facilitating the sale of the multifamily property at 334 Linwood Avenue in Newton, MA. Their expertise in the real estate market and strong negotiation skills contributed to the successful completion of the transaction.

Players

Maureen Kelly Fromm

Re/Max

Broker

$12M

vol

5 deals

Broker

Newtonville 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