Vanguard Properties Broker, Darryl Ricci, Closes $2.8M Multifamily Sale On School St In Waltham, MA
SOLD
$2,795,000
Massachusetts
See Similar DealsMultiFamily6,932 SF
Sold 09/21/2022
SOLD
Vanguard Properties Broker, Darryl Ricci, Closes $2.8M Multifamily Sale On School St In Waltham, MA
134-136 School Street, Waltham, Massachusetts 02451, United States
See Similar DealsMultiFamily6,932 SF
Sold 09/21/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$403
Total Square Footage:6,932 SF
Transaction Type:Sale
The multifamily property located at 134-136 School St in Waltham, MA has been sold. The transaction took place on September 21, 2022. The property consists of 5 units with a total area of 6,932 square feet. The sale price for the property was $2,795,000, resulting in an average price per unit of $559,000. The price per square foot for the property was $403.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,795,000
- Units: 5
- Price per Unit: $559,000
- Square Footage: 6,932
- Price per Square Foot: $403
The sale of this property was facilitated by Darryl Ricci from Vanguard Properties.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,930.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,249.73
Annual Debt Service$158,996.71
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