Janet Edsall's Fields Hammond Residential Real Estate Sells Multifamily Property In Newton, MA For $1.2M
439 Washington Street, Newton, Massachusetts, USA
$1,200,000
$234/SF
Building Size
5,119 SF
Asset Type
MultiFamily
Closing
Feb 10, 2021
AI
A multifamily property located at 439 Washington Street in Newton, MA has been sold for $1,200,000. The property spans 5,119 square feet, resulting in a price per square foot of $234. It was sold on 02/11/2021 through the brokerage firm Fields - Hammond Residential Real Estate, with Janet Edsall serving as the broker representative in the transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Location: 439 Washington Street, Newton, MA
- Square Footage: 5,119
- Price per Square Foot: $234
- Date: 02/11/2021
- Broker: Janet Edsall - Fields - Hammond Residential Real Estate
The sale of this multifamily property was facilitated by Janet Edsall, a broker representing Fields - Hammond Residential Real Estate. The transaction provides insight into the individuals and companies involved in the deal, shedding light on the successful completion of the sale.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93