Multifamily Property Sold In Newton Center, MA For $1.05M With Buyer's Rep Yong Tan & Seller's Rep Jerome Bibuld
415 Parker Street
$1,050,000
$475/SF
Building Size
2,210 SF
Asset Type
MultiFamily
Closing
Sep 6, 2023
AI
In Newton Center, MA, a multifamily property located at 415 Parker Street was recently sold for $1,050,000. The property spans 2,210 square feet and was sold at a price per square foot of $475.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Square Footage: 2,210
- Price per Square Foot: $475
- Address: 415 Parker Street, Newton Center, MA
- Market: Newton Center, MA
The buyer's representative in this transaction was Yong Tan from Central Real Estate, while the seller's representative was Jerome Bibuld from Red Tree Real Estate.
Players
Newton Center 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93