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Mei Chet & Beth Byrne Close $1.2M Multifamily Sale In Newton, MA

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SOLD
$1,200,000

Massachusetts

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MultiFamily2,442 SF
Sold 04/09/2024
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Property Image
SOLD

Mei Chet & Beth Byrne Close $1.2M Multifamily Sale In Newton, MA

52-54 Rangeley Road

See Similar Deals
MultiFamily2,442 SF
Sold 04/09/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$491
Total Square Footage:2,442 SF
Transaction Type:Sale

52-54 Rangeley Road, a multifamily property in Newton, MA, was sold for $1.2 million. Spanning 2,442 square feet, the property was acquired at a price of $491 per square foot.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 52-54 Rangeley Road
  • Market: Newton, MA

Mei Chet of Keller WilliamsRealty represented the buyer in the transaction, while Beth Byrne of Advisors Living acted as the seller's representative.

Players

Mei Chet
2 deals$2.3M volume
BROKER

Beth Byrne
Advisors Living
1 deal$1.2M volume(508) 561-0521
BROKER

Details

SOLD
IMAGE: Mei Chet & Beth Byrne DATE: 04/09/2024 ADDRESS: 52-54 Rangeley Road MARKET: Newton, MA ASSET TYPE: Multifamily BUYER'S REP: Mei Chet (@MeiRealEstate) - Keller Williams Realty (@KellerWilliamsRealty) SELLER'S REP: Beth Byrne - Advisors Living (@AdvisorsLiving) SALE PRICE: $1,200,000 SF: 2,442 ~ PPSF: $491 NOTE: 52-54 Rangeley Road, a multifamily property in Newton, MA, was sold for $1.2 million. Mei Chet of Keller Williams Realty represented the buyer, while Beth Byrne of Advisors Living acted as the seller's representative.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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