Raffaele Bibbo Acquires Multifamily Property In Waltham, MA For $1.25M
SOLD
$1,249,000
Massachusetts
See Similar DealsMultiFamily3,496 SF
Sold 08/04/2020
SOLD
Raffaele Bibbo Acquires Multifamily Property In Waltham, MA For $1.25M
138-140 Charles St, Waltham, Massachusetts, USA
See Similar DealsMultiFamily3,496 SF
Sold 08/04/2020
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$357
Total Square Footage:3,496 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,613.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,437.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,920.90
Annual Debt Service$71,050.77
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