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43/45 Floral St, Newton, Ma...

Dream Home Realty Acquires Multifamily Property In Newton, MA For $1.63M
SOLDMultiFamily

Dream Home Realty Acquires Multifamily Property In Newton, MA For $1.63M

43/45 Floral St, Newton, Massachusetts, USA

$1,630,000

$450/SF

Building Size

3,619 SF

Asset Type

MultiFamily

Closing

Nov 17, 2021

AI

Located at 43/45 Floral St in Newton, MA, this multifamily property was recently sold in a closed transaction. The property spans a total of 3,619 square feet, offering ample space for residents. The sale price for this asset was $1,630,000, resulting in a price per square foot of $450.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $1,630,000
  • Address: 43/45 Floral St, Newton, MA
  • Market: Newton, MA

Lana Lukatsky from Dream Home Realty represented the buyer in this transaction, while Judy Korzenowski from Berkshire Hathaway HomeServices Commonwealth Real Estate represented the seller. This deal showcases the expertise and professionalism of these individuals in the real estate market.

Players

Lana Lukatsky

Broker

$5.8M

vol

3 deals

Broker
Berkshire Hathaway HomeServices
Berkshire Hathaway HomeServicesBrokerage

Newton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.73%

Cash-on-Cash

-2.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93