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87 Maplewood Street

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

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

87 Maplewood Street & 89 Maplewood Street

$1,200,000

$218/SF

Building Size

5,496 SF

Asset Type

MultiFamily

Closing

Jul 26, 2024

AI

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

Coldwell Banker

Broker

$2.8M

vol

2 deals

Broker

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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93