Updated Dec 4, 2024
Multifamily Property In Watertown, MA Sold For $1.02M With Buyer's Rep Jenny Ng And Seller's Rep Ari Koufos
6 Fifth Avenue
$1,020,000
$443/SF
Building Size
2,300 SF
Asset Type
MultiFamily
Closing
Oct 13, 2023
About this deal
AI
A multifamily property at 6 Fifth Avenue in Watertown, MA, was sold for $1,020,000. The property consists of 2,300 square feet. The transaction was completed at a price per square foot of $443.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,020,000
- Address: 6 Fifth Avenue, Watertown, MA
- Market: Watertown, MA
The buyer was represented by Jenny Ng from The Network Group, while the seller was represented by Ari Koufos from Realty Executives.
The multifamily sale at 6 Fifth Avenue in Watertown, Massachusetts sold for $1M in 2023. The building is 2,300 square feet, implying about 443 per square foot on the published price. Ari Koufos, Jenny Ng, The Network Group, Realty Executives appear on the sale alongside The Network Group, Realty Executives. This page is the Watertown, Massachusetts file for the 6 Fifth Avenue 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 6 Fifth Avenue around 2023. Published consideration for 6 Fifth Avenue is $1M, dated 2023. Cite this Multifamily Property In Watertown, MA Sold For $1.02M With Buyer's Rep Jenny Ng And Seller's Rep Ari Koufos 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
15.55%
Cash-on-Cash
-4.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93