Updated Dec 4, 2024
Jrue Holiday Buys $6.5M Mansion In Newton, MA From Trio Development
$6,500,000
$704/SF
Building Size
9,222 SF
Asset Type
Single Family
Closing
May 10, 2024
About this deal
AI
The Single Family property located at 15 Buff Circle in Newton, MA was sold for $6,500,000. The 9,222 square foot mansion was acquired by Jrue Holiday, who recently secured his second NBA championship with the Boston Celtics. This modern home boasts six bedrooms, 7.5 baths, high-end appliances, and luxurious amenities like a sauna, gym, theater, and wine room.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,500,000
- Address: 15 Buff Circle
- Market: Newton, MA
- Square Footage: 9,222
- Price per Square Foot: $705
- Buyer: Jrue Holiday
- Seller: Trio Development
- Buyer's Representative: The Sarkis Team - Douglas Elliman
- Seller's Representative: Maureen Kelly Fromm - Re/Max
Jrue Holiday, the new owner of the property, made the purchase following his recent sporting achievements. The seller, Trio Development, was represented in the transaction by Maureen Kelly Fromm of Re/Max, while Jrue Holiday was guided by The Sarkis Team from Douglas Elliman. The sale marks a significant investment by Holiday in the lavish estate, showcasing his penchant for upscale living.
Players
Market Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $704 per square foot on a published $6.5M for 9,222 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93