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15 Buff Circle

Jrue Holiday Buys $6.5M Mansion In Newton, MA From Trio Development
SOLDSingle Family

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

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

Maureen Kelly Fromm

Re/Max

Broker

$12M

vol

5 deals

Broker

Market Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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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