Updated Dec 20, 2023
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
About this deal
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.
On the Map
$1,200,000
$234/SF
MultiFamily
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Newton 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93