Updated Dec 4, 2024
Coldwell Banker Sells Multifamily Property In Newton, MA For $1.3M
9-11 Eddy Street
$1,300,000
$366/SF
Building Size
3,550 SF
Asset Type
MultiFamily
Closing
Sep 15, 2023
About this deal
AI
A multifamily property located at 9-11 Eddy Street in Newton, MA has been sold for a price of $1,300,000. The property spans across 3,550 square feet and has a price per square foot of $366. The transaction took place on 09/15/2023 and was facilitated by Jane Goldman from Coldwell Banker.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Square Footage: 3,550
- Price per Square Foot: $366
- Address: 9-11 Eddy Street, Newton, MA
- Market: Newton, MA
Jane Goldman from Coldwell Banker served as the broker in this transaction. She played a key role in facilitating the sale of the multifamily property at 9-11 Eddy Street in Newton, MA.
Players
West Newton 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93