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Holly Donaldson And Anthony Coppola Of Coldwell Banker Facilitate $1.2M Multifamily Sale In Watertown

Property Image
SOLD
$1,200,000

Massachusetts

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MultiFamily5,496 SF
Sold 07/26/2024
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Property Image
SOLD

Holly Donaldson And Anthony Coppola Of Coldwell Banker Facilitate $1.2M Multifamily Sale In Watertown

87 Maplewood Street & 89 Maplewood Street

See Similar Deals
MultiFamily5,496 SF
Sold 07/26/2024
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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.

Players

Holly Donaldson
2 deals$2.8M volume
BROKER

Anthony Coppola
Coldwell Banker
20 deals$28.4M volume
BROKER

Details

SOLD
IMAGE: Holly Donaldson & Anthony Coppola DATE: 07/26/2024 ADDRESS: 87-89 Maplewood Street MARKET: Watertown, MA ASSET TYPE: Multifamily BROKERS: Holly Donaldson (@HollyDonaldson02140) & Anthony Coppola (@AeCoppola10) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,200,000 SF: 2,748 ~ PPSF: $437 NOTE: 87-89 Maplewood Street in Watertown sold for $1.2M. Anthony Coppola from Coldwell Banker represented the buyer, while Holly Donaldson, also from Coldwell Banker, represented the seller.

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Deal Type
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