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14 Lakehill Avenue, Arlingt...

Century 21 Adams KC Represents Buyer And Seller In $1.09M Multifamily Sale On Lakehill Ave, Arlington
SOLDMultiFamily

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

Steven Savarese

Senné

Broker

$5.2M

vol

4 deals

Broker

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