Updated Dec 20, 2023
Kyle Kaagan Team Acquires Single Family Home In Newton, MA For $4.4M
51 Hawthorne Avenue, Newton, Auburndale, Massachusetts, USA
$4,400,000
$571/SF
Building Size
7,700 SF
Asset Type
Single Family Residence
Closing
Feb 10, 2021
About this deal
AI
The single-family property located at 51 Hawthorne Avenue in Newton, MA has been sold for a price of $4,400,000. This spacious property spans across 7,700 square feet, resulting in a price per square foot of $571. The sale was facilitated by The Kennedy Lynch Team from Hammond Residential Real Estate, representing the seller, and the Kyle Kaagan Team from Gibson Sotheby's International Realty, representing the buyer.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,400,000
- Address: 51 Hawthorne Avenue, Newton, MA
- Market: Newton, MA
- Seller's Rep: The Kennedy Lynch Team - Hammond Residential Real Estate
- Buyer's Rep: Kyle Kaagan Team - Gibson Sotheby's International Realty
- SF: 7,700
- PPSF: $571
This successful transaction was made possible by the expertise of The Kennedy Lynch Team from Hammond Residential Real Estate, who represented the seller, and the Kyle Kaagan Team from Gibson Sotheby's International Realty, who represented the buyer. Their extensive experience in the real estate industry played a crucial role in ensuring a smooth and favorable outcome for both parties involved.
Newton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $571 per square foot on a published $4.4M for 7,700 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93