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Holly Donaldson And Anthony Coppola Of Coldwell Banker Facilitate $1.2M Multifamily Sale In Watertown
SOLD
Massachusetts
See Similar DealsMultiFamily5,496 SF
Sold 07/26/2024
SOLD
Holly Donaldson And Anthony Coppola Of Coldwell Banker Facilitate $1.2M Multifamily Sale In Watertown
87 Maplewood Street & 89 Maplewood Street
See Similar DealsMultiFamily5,496 SF
Sold 07/26/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$218
Total Square Footage:5,496 SF
Transaction Type:Sale
The property asset located at 87-89 Maplewood Street in Watertown, MA, is a multifamily unit that recently sold for $1,200,000. The total square footage of the property is 2,748, resulting in a price per square foot of $437.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 87-89 Maplewood Street
- Market: Watertown, MA
- Square Footage: 2,748
- Price per Square Foot: $437
- Brokers Representing Buyer: Anthony Coppola - Coldwell Banker
- Brokers Representing Seller: Holly Donaldson - Coldwell Banker
In this transaction, Anthony Coppola from Coldwell Banker represented the buyer, while Holly Donaldson, also affiliated with Coldwell Banker, represented the seller, showcasing a coordinated effort from the same agency in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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