Century 21 Adams KC Represents Buyer And Seller In $1.09M Multifamily Sale On Lakehill Ave, Arlington
14 Lakehill Avenue, Arlington, Massachusetts 02474, United States
$1,090,000
$461/SF
Building Size
2,364 SF
Asset Type
MultiFamily
Closing
Jan 23, 2022
AI
Located at 14 Lakehill Ave in Arlington, MA, this multifamily property was recently sold in a transaction on January 6, 2022. The property consists of two units with a total square footage of 2,364. The sale price for this property was $1,090,000, resulting in a price per unit of $545,000 and a price per square foot of $461.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,090,000
- Units: 2
- Price per Unit: $545,000
- Square Footage: 2,364
- Price per Square Foot: $461
- Address: 14 Lakehill Ave, Arlington, MA
- Market: Arlington, MA
The buyer in this transaction was represented by Karen Zoeller from Century 21 Adams KC, while the seller was represented by Steven Savarese, also from Century 21 Adams KC.
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
14.55%
Cash-on-Cash
-4.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93