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58-60 Prentiss Street

Xavier Clair Of Advantage Real Estate Acquires Multifamily Property In Watertown For $1.105M As Buyer's Rep
SOLDMultiFamily

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

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.

Players

Amleto Martocchia

Martocchia Realtors

Broker

$1.1M

vol

1 deal

Broker

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