Updated Dec 21, 2023
Jen Wilson Realty Group Acquires Belmont Multifamily For $1.21M
12-14 Barnard Rd, Belmont, Massachusetts, USA
$1,210,000
$590/SF
Building Size
2,050 SF
Asset Type
MultiFamily
Closing
Jul 15, 2020
About this deal
AI
The multifamily property located at 12-14 Barnard Rd in Belmont, MA has been sold for a price of $1,210,000. The property spans a total of 2,050 square feet, resulting in a price per square foot of $590. The sale was facilitated by The Jen Wilson Realty Group of Real Living Realty Professionals, LLC.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,210,000
- Address: 12-14 Barnard Rd, Belmont, MA
- Market: Belmont, MA
- Square Footage: 2,050
- Price per Square Foot: $590
- Broker: The Jen Wilson Realty Group - Real Living Realty Professionals, LLC
The sale of this multifamily property was successfully negotiated by The Jen Wilson Realty Group, representing the buyer and seller in the transaction. The involvement of this reputable brokerage adds a layer of expertise to the deal, ensuring a smooth and efficient process for all parties involved.
Players
Belmont MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jennifer (Jen) Wilson to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.11%
Cash-on-Cash
-3.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93