Updated Dec 21, 2023
Erica Covelle Sells Multifamily Property In Arlington, MA For $1.2M With Buyer's Rep Nellie Aikenhead
1-3 Osborne Rd, Arlington, Massachusetts, USA
$1,200,000
$555/SF
Building Size
2,162 SF
Asset Type
MultiFamily
Closing
Jul 6, 2020
About this deal
AI
The multifamily property located at 1-3 Osborne Rd in Arlington, MA has been sold for a price of $1,200,000. The property spans a total of 2,162 square feet, resulting in a price per square foot of $555.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 1-3 Osborne Rd, Arlington, MA
- Market: Arlington, MA
Erica Covelle from Compass represented the seller in this transaction, while Nellie Aikenhead from Aikenhead Real Estate, Inc. represented the buyer.
The multifamily sale at 1-3 Osborne Rd, Arlington, Massachusetts, USA in Arlington, Massachusetts sold for $1.2M in 2020. The building is 2,162 square feet, implying about 555 per square foot on the published price. Erica Covelle, Nellie Aikenhead, Aikenhead Real Estate, Compass appear on the sale alongside Aikenhead Real Estate, Compass. This page is the Arlington, Massachusetts file for the 1-3 Osborne Rd, Arlington, Massachusetts, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Arlington sit in the Market section below. Filter that Arlington multifamily set by closing date to see what else sold near 1-3 Osborne Rd, Arlington, Massachusetts, USA around 2020. Published consideration for 1-3 Osborne Rd, Arlington, Massachusetts, USA is $1.2M, dated 2020. Cite this Erica Covelle Sells Multifamily Property In Arlington, MA For $1.2M With Buyer's Rep Nellie Aikenhead sale when underwriting similar multifamily product around Arlington, Massachusetts.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93