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116 Upland Ave, Newton High...

Douglas Elliman Represents Buyer In $2.2M Purchase Of Newton Highlands SFR
SOLDSingle Family Residence

Douglas Elliman Represents Buyer In $2.2M Purchase Of Newton Highlands SFR

116 Upland Ave, Newton Highlands, Massachusetts, USA

$2,200,000

$628/SF

Building Size

3,500 SF

Asset Type

Single Family Residence

Closing

Jul 29, 2020

AI

The single-family home located at 116 Upland Ave in Newton Highlands, MA has been sold for $2,200,000. With a total area of 3,500 square feet, the property was purchased at a price per square foot (PPSF) of $629.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,200,000
  • Address: 116 Upland Ave, Newton Highlands, MA
  • Market: Newton Highlands, MA

The seller's representative for this transaction was Celina Doucette from Rise Realty, along with Jamie Ovadia. On the buyer's side, Manny Sarkis from Douglas Elliman represented the purchasing party.

Players

Manny Sarkis

Douglas Elliman

Broker

$11.5M

vol

5 deals

Broker

Newton Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93