Amy Lam & Anya Kogan Brokers Represent The Sale Of Multifamily Property In Newton, MA For $1.175M
49-51 Louise Rd, Newton, Chestnut Hill, Massachusetts, USA
$1,175,000
$485/SF
Building Size
2,418 SF
Asset Type
MultiFamily
Closing
Mar 30, 2021
AI
The multifamily property located at 49-51 Louise Rd in Newton, MA has been sold for a price of $1,175,000. The property spans a total of 2,418 square feet, resulting in a price per square foot of $486.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,175,000
- Address: 49-51 Louise Rd, Newton, MA
- Market: Newton, MA
Amy Lam from Realty Executives Boston West represented the seller in this transaction. Anya Kogan from Castles Unlimited® represented the buyer. Both individuals played key roles in facilitating the deal.
Players
Chestnut Hill 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
13.50%
Cash-on-Cash
-3.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93