Updated Dec 18, 2023
Coldwell Banker Realty Acquires Multifamily Property In Belmont MA For $1.05M With Brokers Peter Bouchie & Barbara Nolan
1-3 Oak Avenue, Belmont, Massachusetts, USA
$1,050,000
$326/SF
Building Size
3,219 SF
Asset Type
MultiFamily
Closing
Nov 15, 2021
About this deal
AI
Located in Belmont, MA, the multifamily property at 1-3 Oak Avenue has recently been sold. The transaction took place on November 15, 2021, with a sale price of $1,050,000. The property spans across 3,219 square feet and boasts a price per square foot of $326.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 1-3 Oak Avenue, Belmont, MA
- Square Footage: 3,219
- Price per Square Foot: $326
- Market: Belmont, MA
Peter Bouchie and Barbara Nolan from Coldwell Banker Realty represented the parties involved in this transaction. They acted as brokers for this multifamily property deal in Belmont.
On the Map
$1,050,000
$326/SF
MultiFamily
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Players
Worcester MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93