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35 Winter St, Watertown, Ma...

Dennis A. Dyer Acquires Multifamily In Watertown, MA For $1.55M
SOLDMultiFamily

Dennis A. Dyer Acquires Multifamily In Watertown, MA For $1.55M

35 Winter St, Watertown, Massachusetts 02472, United States

$1,550,000

$297/SF

Building Size

5,204 SF

Asset Type

MultiFamily

Closing

Feb 27, 2022

AI

Located at 35-41 Winter Street in Watertown, MA, this multifamily property was recently sold in a closed transaction. The sale took place on 02/28/2022, with a sale price of $1,550,000. The property consists of four units, with a price per unit (PPU) of $387,500. It spans a total area of 5,204 square feet, resulting in a price per square foot (PPSF) of $298.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,550,000
  • Address: 35-41 Winter Street, Watertown, MA
  • Market: Watertown, MA
  • Units: 4
  • Price per Unit (PPU): $387,500
  • Square Footage: 5,204
  • Price per Square Foot (PPSF): $298

The buyer in this transaction is Dennis A. Dyer. The seller is Richard & Anna Marshall. Representing the buyer's interests is the Jim & Mike Savas Team from Berkshire Hathaway HomeServices Commonwealth Real Estate. On the seller's side, David Martiroso & Arthur Martiroso from DNA Realty Group, affiliated with Keller Williams Realty Success, acted as the seller's representatives.

Players

James Savas

Berkshire Hathaway HomeServices

Broker

$9.4M

vol

7 deals

Broker

Watertown 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

10.23%

Cash-on-Cash

-2.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93