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449 Washington Street, Newt...

Updated Dec 21, 2023

McAuliffe Vaghar Partnership Acquires Multifamily Property In Newton For $1.32M
SOLDMultiFamily

McAuliffe Vaghar Partnership Acquires Multifamily Property In Newton For $1.32M

449 Washington Street, Newton, Massachusetts 02458, United States

$1,320,000

$318/SF

Building Size

4,141 SF

Asset Type

MultiFamily

Closing

Nov 29, 2021

About this deal

AI

Located at 449 Washington St in Newton, MA, this multifamily property was recently sold for $1,320,000. Spanning across 4,141 square feet, the property was sold at a price per square foot of $319.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,320,000
  • Address: 449 Washington St
  • Market: Newton, MA

The sale of this property was facilitated by the McAuliffe Vaghar Partnership, representing Coldwell Banker Realty in Newton. Nancy McAuliffe and Carol Vaghar were the brokers involved in the transaction.

Players

Nancy McAuliffe

Coldwell Banker

Broker

$1.3M

vol

1 deal

Broker

Newton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $318 per square foot on a published $1.3M for 4,141 square feet (2021).

Visit Carol Vaghar to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.02%

Cash-on-Cash

-3.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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