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138-140 Charles St, Waltham...

Raffaele Bibbo Acquires Multifamily Property In Waltham, MA For $1.25M
SOLDMultiFamily

Raffaele Bibbo Acquires Multifamily Property In Waltham, MA For $1.25M

138-140 Charles St, Waltham, Massachusetts, USA

$1,249,000

$357/SF

Building Size

3,496 SF

Asset Type

MultiFamily

Closing

Aug 4, 2020

AI

A multifamily property located at 138-140 Charles St in Waltham, MA has been sold for $1,249,000. The property spans 3,496 square feet, resulting in a price per square foot of $357. The sale took place on 08/04/2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,249,000
  • Address: 138-140 Charles St, Waltham, MA
  • Square footage: 3,496
  • Price per square foot: $357
  • Market: Waltham, MA

The seller's representative in the deal was Glenna Gelineau from Gelineau & Associates, R.E. The buyer's representative was Raffaele Bibbo from Realty Executives.

Players

Glenna Gelineau

Broker

$16.5M

vol

9 deals

Broker

Waltham 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

12.70%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93