Updated Dec 20, 2023
Blue Ocean Realty Acquires Multifamily Property In Arlington, MA For $1.3M
100-102 Webster Street, Arlington, MA, USA
$1,316,250
$520/SF
Building Size
2,528 SF
Asset Type
MultiFamily
Closing
Jun 14, 2020
About this deal
AI
A multifamily property located at 100-102 Webster St in Arlington, MA was recently sold for a price of $1,316,250. The property spans a total area of 2,528 square feet, resulting in a price per square foot of $521. The sale took place on 06/14/2021 and was captured in an image shared by Steve McKenna on Instagram.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,316,250
- Address: 100-102 Webster St, Arlington, MA
- Market: Arlington, MA
Steve McKenna & The Home Advantage Team from Gibson Sotheby's International Realty represented the seller in this transaction. On the buyer's side, Jean Fan from Blue Ocean Realty, Llc served as the buyer's representative.
Players
Arlington 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
12.05%
Cash-on-Cash
-3.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93