Updated Dec 4, 2024
Xavier Clair Of Advantage Real Estate Acquires Multifamily Property In Watertown For $1.105M As Buyer's Rep
58-60 Prentiss Street
$1,105,000
$435/SF
Building Size
2,538 SF
Asset Type
MultiFamily
Closing
Feb 28, 2024
About this deal
AI
The multifamily property located at 58-60 Prentiss Street in Watertown, MA, was sold for $1,105,000. Spanning 2,538 square feet, the property was transacted at a price of $435 per square foot.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,105,000
- Address: 58-60 Prentiss Street
- Market: Watertown, MA
Xavier Clair from Advantage Real Estate represented the buyer in this transaction, while Amleto Martocchia from Martocchia Realtors served as the seller's representative.
The multifamily sale at 58-60 Prentiss Street in Watertown, Massachusetts sold for $1.1M in 2024. The building is 2,538 square feet, implying about 435 per square foot on the published price. Amleto Martocchia, Xavier Clair, Martocchia Realtors, Advantage Real Estate appear on the sale alongside Martocchia Realtors, Advantage Real Estate. This page is the Watertown, Massachusetts file for the 58-60 Prentiss Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Watertown sit in the Market section below. Filter that Watertown multifamily set by closing date to see what else sold near 58-60 Prentiss Street around 2024. Published consideration for 58-60 Prentiss Street is $1.1M, dated 2024. Cite this Xavier Clair Of Advantage Real Estate Acquires Multifamily Property In Watertown For $1.105M As Buyer's Rep sale when underwriting similar multifamily product around Watertown, Massachusetts.
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Watertown 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
14.36%
Cash-on-Cash
-4.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93