Keller Williams Realty Boston-Metro Represents Buyer In $1.7M Multifamily Sale In Waltham, MA
SOLD
Massachusetts
See Similar DealsMultiFamily6,944 SF
Sold
SOLD
Keller Williams Realty Boston-Metro Represents Buyer In $1.7M Multifamily Sale In Waltham, MA
116 Russell Street, Waltham, Massachusetts 02453, United States
See Similar DealsMultiFamily6,944 SF
Sold
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$244
Total Square Footage:6944 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$90,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41
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