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439 Washington Street, Newt...

Janet Edsall's Fields Hammond Residential Real Estate Sells Multifamily Property In Newton, MA For $1.2M
SOLDMultiFamily

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.

Players

Janet Edsall

Hammond Residential Real Estate

Broker

$2.5M

vol

2 deals

Broker

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