Updated Dec 21, 2023
Meena Sharma's EXp Realty Acquires 120-122 Webster St Multifamily In Arlington For $1.086M
120-122 Webster St, Arlington, Massachusetts, USA
$1,086,000
$474/SF
Building Size
2,288 SF
Asset Type
MultiFamily
Closing
Nov 2, 2021
About this deal
AI
Located in Arlington, MA, the multifamily property at 120-122 Webster St has recently been sold for a price of $1,086,000. Spanning over an area of 2,288 square feet, this property offers ample space for its residents. The sale price per square foot comes out to be $475, showcasing the value this property holds in the market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,086,000
- Date: 11/02/2021
- Address: 120-122 Webster St, Arlington, MA
- Market: Arlington, MA
Meena Sharma, representing eXp Realty, acted as the buyer's representative in this transaction. On the other hand, Steve McKenna & The Home Advantage Team from Gibson Sotheby's International Realty served as the seller's representative. Both parties played crucial roles in facilitating this successful deal.
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
14.61%
Cash-on-Cash
-4.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93