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80-82 Sparkill Street, Wate...

Updated Sep 9, 2024

Mei Chet Acquires Multifamily Property In Watertown For $1.05M
SOLDMultiFamily

Mei Chet Acquires Multifamily Property In Watertown For $1.05M

80-82 Sparkill Street, Watertown, MA, USA

$1,050,000

$446/SF

Building Size

2,352 SF

Asset Type

MultiFamily

Closing

Jul 8, 2020

About this deal

AI

Located at 80-82 Sparkill St in Watertown, MA, this multifamily property was recently sold at a price of $1,050,000. The property spans 2,352 square feet, resulting in a price per square foot (PPSF) of $446.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,050,000
  • Address: 80-82 Sparkill St, Watertown, MA
  • Market: Watertown, MA

The seller's representative for this transaction was Caroline Oleary from the Real Estate Office of David A. Miller. The buyer's representative, on the other hand, was Mei Chet from East West Real Estate, LLC.

Players

Caroline Oleary

Broker

$1.1M

vol

1 deal

Broker

Watertown MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $446 per square foot on a published $1.1M for 2,352 square feet (2020).

Visit Mei Chet to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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