Updated Dec 4, 2024
Noah Pearlstein & Stephen McKenna Sell Arlington Multifamily For $1.375M
124-126 Crescent Hill Avenue
$1,375,000
$557/SF
Building Size
2,466 SF
Asset Type
MultiFamily
Closing
Jun 27, 2024
About this deal
AI
The property at 124-126 Crescent Hill Ave, Arlington, MA 02474, sold for $1,375,000. This meticulously maintained two-family home in Arlington Heights offers versatile living options with a first-floor unit featuring a single-level layout and a second-floor unit spanning two levels, providing spacious interiors ideal for both investment and primary residence.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,375,000
- Units: 2
- Price Per Unit: $687,500
- Square Footage: 2,466
- Price Per Square Foot: $558
- Address: 124-126 Crescent Hill Ave, Arlington, MA 02474
- Market: Arlington, MA
Noah Pearlstein and Stephen McKenna of Sotheby's International Realty were the brokers representing the deal.
On the Map
$1,375,000
$557/SF
MultiFamily
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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
11.54%
Cash-on-Cash
-3.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93