Updated Dec 4, 2024
Mike Colombo Of Suburban Lifestyle Real Estate Acquires Multifamily In Watertown For $1.26M
62 Bradford Road & 64 Bradford Road
$1,262,500
$211/SF
Building Size
2,988 SF
Asset Type
MultiFamily
Closing
Jun 17, 2024
About this deal
AI
62-64 Bradford Rd in Watertown, MA, sold for $1,262,500, featuring a meticulously maintained oversized two-family home with a total of 6 beds and 3 baths across 15 rooms.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,262,500
- Address: 62-64 Bradford Road
- Market: Watertown, MA
- Units: 2
- Price Per Unit: $631,250
- Square Footage: 2,988
- Price Per Square Foot: $423
Mike Colombo from Suburban Lifestyle Real Estate represented the buyer in this transaction. On the other side, Ann DiMascio from Century 21 Shawmut Properties served as the seller's representative.
On the Map
$1,262,500
$211/SF
MultiFamily
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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
12.56%
Cash-on-Cash
-3.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93