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142 Forest Street, Watertow...

Erika Smith Acquires Watertown SFR From McCarthy Construction For $900K
SOLDSingle Family Residence

Erika Smith Acquires Watertown SFR From McCarthy Construction For $900K

142 Forest Street, Watertown, Massachusetts 02472, United States

$900,000

$900,000/SF

Building Size

1 SF

Asset Type

Single Family Residence

Closing

Nov 30, 2022

AI

A single-family residential property located at 142 Forest St in Watertown, MA has been sold for a sale price of $900,000. The property spans 1,862 square feet, resulting in a price per square foot of $483. The transaction took place on November 30, 2022 and involved the buyer, Erika Smith, and the seller, McCarthy Construction.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $900,000
  • Address: 142 Forest St, Watertown, MA
  • Market: Watertown, MA
  • Buyer: Erika Smith
  • Seller: McCarthy Construction
  • Brokers: Anthony Coppola - Coldwell Banker; Elizabeth Gibby Homnick - Charles Realty Group

Anthony Coppola from Coldwell Banker and Elizabeth Gibby Homnick from Charles Realty Group represented the buyer and seller, respectively, in this transaction.

Players

Anthony Coppola

Coldwell Banker

Broker

$28.4M

vol

20 deals

Broker

Erika Smith

Buyer

$1.8M

vol

2 deals

Buyer
MC
McCarthy ConstructionSeller

Watertown 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

17.63%

Cash-on-Cash

-5.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93