Updated Dec 4, 2024
Mathieu Newton Sotheby's Int'l Realty Sells Watertown Multifamily For $1.41M
4-8 Adams Street
$1,410,000
Units
3
Asset Type
MultiFamily
Closing
Jun 12, 2024
About this deal
AI
A classic triple decker located at 4-8 Adams Street in Watertown, MA, was successfully sold for $1,410,000. The property consists of three units, offering a total of seven beds and three baths, spanning across approximately 3,742 square feet of space.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,410,000
- Address: 4-8 Adams Street
- Market: Watertown, MA
- Units: 3
- Price per Unit: $470,000
The buyer's representative for this transaction was Paul Neavyn from Mathieu Newton Sotheby's International Realty, while the seller's representative was Robin Repucci from Compass.
Players
Watertown MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.25%
Cash-on-Cash
-3.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93