Updated Dec 4, 2024
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
About this deal
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.
On the Map
$1,290,000
$487/SF
MultiFamily
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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