SOLDMultiFamily
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
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.
Players
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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93