Two-Family Property Sold In Watertown, MA For $1.29M By Buyer's REP Alex J. Mackenzie
89-91 Boylston Street
$1,290,000
$487/SF
Building Size
2,644 SF
Asset Type
MultiFamily
Closing
Jun 10, 2024
AI
A two-family property at 89-91 Boylston St in Watertown, MA, was sold for $1,290,000. Located in East Watertown/Mount Auburn, the fully owner-occupied property features original character details, separate systems, updated electrical, and parking for 4 cars off-street.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,290,000
- Units: 2
- Price per Unit: $645,000
- Square Footage: 2,644
- Price per Square Foot: $488
- Address: 89-91 Boylston Street, Watertown, MA
- Market: Watertown, MA
Full Circle Realty represented the buyer in the transaction, while The Team from Real Estate Advisors at Coldwell Banker Realty in Cambridge represented the seller.
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
12.30%
Cash-on-Cash
-3.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93