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4-8 Adams Street

Mathieu Newton Sotheby's Int'l Realty Sells Watertown Multifamily For $1.41M
SOLDMultiFamily

Mathieu Newton Sotheby's Int'l Realty Sells Watertown Multifamily For $1.41M

4-8 Adams Street

$1,410,000

Building Size

Asset Type

MultiFamily

Closing

Jun 12, 2024

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

Robin Repucci

Compass

Broker

$6.1M

vol

4 deals

Broker

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