Coldwell Banker Broker Anthony Coppola Facilitates $1.4M Sale Of Multifamily Property In Watertown, MA
SOLD
$1,400,000
Massachusetts
See Similar DealsMultiFamily4,200 SF
Sold 12/01/2022
SOLD
Coldwell Banker Broker Anthony Coppola Facilitates $1.4M Sale Of Multifamily Property In Watertown, MA
38 Whitney Street
See Similar DealsMultiFamily4,200 SF
Sold 12/01/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$333
Total Square Footage:4,200 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$74,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,973.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,636.71
Annual Debt Service$79,640.57
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