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
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.
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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93