Realty Executives Acquires Multifamily Property In Watertown, MA For $1.55M
SOLD
$1,550,000
Massachusetts
See Similar DealsMultiFamily4,749 SF
Sold 08/20/2021
SOLD
Realty Executives Acquires Multifamily Property In Watertown, MA For $1.55M
72 Palfrey St, Watertown, Massachusetts, USA
See Similar DealsMultiFamily4,749 SF
Sold 08/20/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$326
Total Square Footage:4,749 SF
Transaction Type:Sale
A multifamily property located at 72 Palfrey St in Watertown, MA has been sold for a price of $1,550,000. The property spans 4,749 square feet, resulting in a price per square foot of $326.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Square Footage: 4,749 sqft
- Price per Square Foot: $326
- Address: 72 Palfrey St, Watertown, MA
- Market: Watertown, MA
The sale of the property was brokered by Ari Koufos of Realty Executives.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$82,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49
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