Robert Steinberg Acquires Multifamily Property At 278 Cabot Street Newton For $1.38M

The property asset involved in this transaction is a multifamily residence located at 278 Cabot Street in Newton, MA. The sale price is $1,380,000, encompassing 2 units with a total square footage of 3,000, resulting in a price per unit of $690,000 and a price per square foot of $460.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,380,000
• Units: 2
• Square Footage: 3,000
• Price Per Unit: $690,000
• Price Per Square Foot: $460
• Buyer: Robert Steinberg
• Seller: Jeff Michaelson
• Seller's Representative: Jackson Wells - Harvard Real Estate

This transaction brings together key individuals in the real estate market, with Robert Steinberg acquiring the property from seller Jeff Michaelson. The representation for the seller was handled by Jackson Wells from Harvard Real Estate, facilitating the deal.