Updated Sep 9, 2024
Realty Executives Acquires Multifamily Property In Watertown, MA For $1.55M
72 Palfrey St, Watertown, Massachusetts, USA
$1,550,000
$326/SF
Building Size
4,749 SF
Asset Type
MultiFamily
Closing
Aug 20, 2021
About this deal
AI
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.
The multifamily sale at 72 Palfrey St, Watertown, Massachusetts, USA in Watertown, Massachusetts sold for $1.6M in 2021. The building is 4,749 square feet, implying about 326 per square foot on the published price. Ari Koufos, Realty Executives appear on the sale alongside Realty Executives. This page is the Watertown, Massachusetts file for the 72 Palfrey St, Watertown, Massachusetts, USA 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 72 Palfrey St, Watertown, Massachusetts, USA around 2021. Published consideration for 72 Palfrey St, Watertown, Massachusetts, USA is $1.6M, dated 2021. Cite this Realty Executives Acquires Multifamily Property In Watertown, MA For $1.55M 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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93