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116 Russell Street, Waltham...

Updated Sep 5, 2024

Keller Williams Realty Boston-Metro Represents Buyer In $1.7M Multifamily Sale In Waltham, MA
SOLDMultiFamily

Keller Williams Realty Boston-Metro Represents Buyer In $1.7M Multifamily Sale In Waltham, MA

116 Russell Street, Waltham, Massachusetts 02453, United States

$1,700,000

$244/SF

Building Size

6,944 SF

Asset Type

MultiFamily

Closing

Dec 28, 2021

About this deal

AI

116-118 Russell St, located in Waltham, MA, has been sold in a recent transaction. This property is categorized as a multifamily asset, offering multiple residential units. The sale date for this transaction was on 12/28/2021.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Sale Price: $1,700,000
  • Square Footage: 6,944 SF
  • Price per Square Foot: $245
  • Address: 116-118 Russell St, Waltham, MA

The buyer's representative for this transaction was Patrick Brusil from Keller Williams Realty Boston-Metro. On the selling side, Hans Brings from Coldwell Banker Realty - Waltham represented the seller's interests.

Players

Hans Brings

Coldwell Banker

Broker

$4.1M

vol

3 deals

Broker

Waltham MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $244 per square foot on a published $1.7M for 6,944 square feet (2021).

Visit Hans Brings to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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