facebook
Traded Co logo
Submit

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

Property Image
SOLD
$1,550,000
Arthur Martiroso
Michael "Mike" Savas
+ 1

Massachusetts

See Similar Deals
MultiFamily5,204 SF
Sold 02/28/2022
the dealplayerscompscontact
Property Image
SOLD

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

35 Winter St, Watertown, Massachusetts 02472, United States

See Similar Deals
MultiFamily5,204 SF
Sold 02/28/2022
Arthur Martiroso
Michael "Mike" Savas
+ 1
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$297
Total Square Footage:5,204 SF
Transaction Type:Sale

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 "Jim" Savas
7 deals$9.4M volume
BROKER

Michael "Mike" Savas
3 deals$4.6M volume
BROKER

Arthur Martiroso
Keller Williams Realty
10 deals$11.8M volume
BROKER

David "Dave" Martiroso
Keller Williams Realty
10 deals$11.8M volume
BROKER

Details

SOLD
IMAGE: Arthur Martiroso, David Martiroso, Jim & Mike Savas DATE: 02/28/2022 ADDRESS: 35-41 Winter Street MARKET: Watertown, MA ASSET TYPE: Multifamily BUYER: Dennis A. Dyer SELLER: Richard & Anna Marshall BUYER'S REP: Jim & Mike Savas Team (@JimandMikeSavasTeam) - Berkshire Hathaway HomeServices Commonwealth Real Estate SELLER'S REP: David Martiroso (@DaveMartiroso) & Arthur Martiroso (DNA Realty Group) (@DnaRealtyGroup) - Keller Williams Realty Success SALE PRICE: $1,550,000 UNITS: 4 ~ PPU: $387,500 SF: 5,204 ~ PPSF: $298

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$82,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49