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.
On the Map
$1,410,000
MultiFamily
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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