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Coelho Realty Group LLC Sells Arlington Multifamily For $1.29M
SOLD
$1,290,000
Massachusetts
See Similar DealsMultiFamily2,701 SF
Sold 08/31/2023
SOLD
Coelho Realty Group LLC Sells Arlington Multifamily For $1.29M
1 Laurel Street
See Similar DealsMultiFamily2,701 SF
Sold 08/31/2023
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$477
Total Square Footage:2,701 SF
Transaction Type:Sale
A multifamily property located at 1 Laurel Street in Arlington, MA has been sold for $1.29 million. The property spans 2,701 square feet and was sold at a rate of $478 per square foot.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,290,000
- Address: 1 Laurel Street, Arlington, MA
- Market: Arlington, MA
The sale of this multifamily property was facilitated by Joe Danisch from Coelho Realty Group LLC.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$68,800.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,583.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,115.26
Annual Debt Service$73,383.10
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