Updated Dec 19, 2023
Berkshire Hathaway HomeServices Acquires Multifamily Property In Belmont, MA For $1.32M
104 Slade Street, Belmont, Massachusetts 02478, United States
$1,321,500
$432/SF
Building Size
3,058 SF
Asset Type
MultiFamily
Closing
Mar 17, 2022
About this deal
AI
The multifamily property located at 102-104 Slade St in Belmont, MA has been sold for a price of $1,321,500. The property spans across 3,058 square feet, resulting in a price per square foot of $432.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,321,500
- Square Footage: 3,058
- Price Per Square Foot: $432
- Address: 102-104 Slade St, Belmont, MA
- Market: Belmont, MA
The buyer's representative in this transaction was Yi Sun from Flyhomes, Inc., while the seller's representative was Frederick Pizzi from Berkshire Hathaway HomeServices Commonwealth Real Estate.
Players
Belmont 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
12.00%
Cash-on-Cash
-3.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93