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53-55 Pequossette Street, W...

Ari Koufos & Max Dublin Facilitate Sale Of Multifamily Property In Watertown, MA
SOLDMultiFamily

Ari Koufos & Max Dublin Facilitate Sale Of Multifamily Property In Watertown, MA

53-55 Pequossette Street, Watertown, MA, USA

$1,065,000

$400/SF

Building Size

2,661 SF

Asset Type

MultiFamily

Closing

May 11, 2021

AI

A multifamily property located at 53-55 Pequossette St in Watertown, MA was recently sold. The sale was facilitated by Ari Koufos of Realty Executives, representing the seller, and Max Dublin of Gibson Sotheby's International Realty, representing the buyer.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Date: 05/12/2021
  • Address: 53-55 Pequossette St, Watertown, MA
  • Market: Watertown, MA

The seller's representative, Ari Kouofs from Realty Executives, and the buyer's representative, Max Dublin from Gibson Sotheby's International Realty, played instrumental roles in facilitating the transaction.

Players

Max Dublin

Sotheby's International Realty

Broker

$12.1M

vol

8 deals

Broker

Watertown MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.89%

Cash-on-Cash

-4.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93