Bob Airasian Sells Multifamily Property In Watertown For $1.4M
58-60 Bates Rd, Watertown, Massachusetts, USA
$1,400,000
$340/SF
Building Size
4,115 SF
Asset Type
MultiFamily
Closing
Oct 1, 2021
AI
The multifamily property located at 58-60 Bates Rd in Watertown, MA has been sold for $1,400,000. The property spans a total of 4,115 square feet, resulting in a price per square foot of $340.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Address: 58-60 Bates Rd, Watertown, MA
- Market: Watertown, MA
- Buyer's Representative: Le Cao - Real Living Barbera Associates | Cambridge
- Seller's Representative: Bob Airasian - Coldwell Banker Realty - Belmont
Le Cao from Real Living Barbera Associates | Cambridge represented the buyer in this transaction, while Bob Airasian from Coldwell Banker Realty - Belmont was the seller's representative.
Players
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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93