Updated Dec 21, 2023
Dora Chung & Jamie Genser Acquire Multifamily Property For $1.41M In Newton, MA
336 Elliot Place, Newton, Massachusetts, USA
$1,410,000
$420/SF
Building Size
3,350 SF
Asset Type
MultiFamily
Closing
Jun 22, 2020
About this deal
AI
The multifamily property located at 336 Elliot St in Newton, MA has recently been sold for a price of $1,410,000. The property spans 3,350 square feet, resulting in a price per square foot of $421. The sale was facilitated by Jamie Genser of Coldwell Banker Realty - Brookline, representing the seller, and Dora Chung of Denkar Realty Group, representing the buyer.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,410,000
- Square Footage: 3,350
- Price per Square Foot: $421
- Address: 336 Elliot St, Newton, MA
- Market: Newton, MA
Dora Chung of Denkar Realty Group represented the buyer in this transaction, while Jamie Genser of Coldwell Banker Realty - Brookline represented the seller. The deal was finalized on 06/22/2021.
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
11.25%
Cash-on-Cash
-3.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93