Updated Dec 4, 2024
Habib Aminipour & Brian Doherty Close $1.675M Multifamily Sale In Watertown, MA
404 Mount Auburn Street
$1,675,000
$274/SF
Building Size
6,104 SF
Asset Type
MultiFamily
Closing
Feb 6, 2024
About this deal
AI
A multifamily property located at 404 Mount Auburn Street in Watertown, MA, was sold for $1,675,000. It spans 6,104 square feet, resulting in a price per square foot of $274.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,675,000
- Address: 404 Mount Auburn Street
- Market: Watertown, MA
Habib Aminipour from Otis Realty represented the buyer, while Brian Doherty from Citylife Real Estate represented the seller in this transaction.
The multifamily sale at 404 Mount Auburn Street in Watertown, Massachusetts sold for $1.7M in 2024. The building is 6,104 square feet, implying about 274 per square foot on the published price. Habib Aminipour, Brian Doherty, Otis Realty, Citylife Real Estate appear on the sale alongside Otis Realty, Citylife Real Estate. This page is the Watertown, Massachusetts file for the 404 Mount Auburn Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Watertown sit in the Market section below. Filter that Watertown multifamily set by closing date to see what else sold near 404 Mount Auburn Street around 2024. Published consideration for 404 Mount Auburn Street is $1.7M, dated 2024. Cite this Habib Aminipour & Brian Doherty Close $1.675M Multifamily Sale In Watertown, MA sale when underwriting similar multifamily product around Watertown, Massachusetts.
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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
9.47%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93