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38 Whitney Street

Updated Sep 9, 2024

Coldwell Banker Broker Anthony Coppola Facilitates $1.4M Sale Of Multifamily Property In Watertown, MA
SOLDMultiFamily

Coldwell Banker Broker Anthony Coppola Facilitates $1.4M Sale Of Multifamily Property In Watertown, MA

38 Whitney Street

$1,400,000

$333/SF

Building Size

4,200 SF

Asset Type

MultiFamily

Closing

Dec 1, 2022

About this deal

AI

An multifamily property located at 38 Whitney St in the market of Watertown, MA has been sold. The property consists of 3 units with a total area of 4,200 square feet. The sale price for this transaction was $1,400,000, resulting in an average price per unit of $466,667 and a price per square foot of $333.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,400,000
  • Units: 3
  • Price per Unit: $466,667
  • Square Footage: 4,200
  • Price per Square Foot: $333

The sale of this property was facilitated by Anthony Coppola from Coldwell Banker. Anthony Coppola represented the parties involved in the transaction, ensuring a successful deal.

On the Map

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$1,400,000

$333/SF

MultiFamily

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Players

Anthony Coppola

Coldwell Banker

Broker

$28.4M

vol

20 deals

Broker

Watertown MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $333 per square foot on a published $1.4M for 4,200 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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