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
Watertown MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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