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62 Bradford Road

Mike Colombo Of Suburban Lifestyle Real Estate Acquires Multifamily In Watertown For $1.26M
SOLDMultiFamily

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

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.

Players

Ann DiMascio

Century 21

Broker

$1.3M

vol

1 deal

Broker

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

12.56%

Cash-on-Cash

-3.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93