Gibson Sotheby's International Realty Sells Multifamily Property In Arlington, MA For $1.3M
SOLD
$1,300,000
Massachusetts
See Similar DealsMultiFamily3,429 SF
Sold 12/15/2021
SOLD
Gibson Sotheby's International Realty Sells Multifamily Property In Arlington, MA For $1.3M
14 Varnum Street, Arlington, MA 02474
See Similar DealsMultiFamily3,429 SF
Sold 12/15/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$379
Total Square Footage:3,429 SF
Transaction Type:Sale
A multifamily property located at 14 Varnum St in Arlington, MA was recently sold for $1,300,000. The property spans across 3,429 square feet, resulting in a price per square foot of $379. The sale took place on 12/15/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 14 Varnum St, Arlington, MA
- Market: Arlington, MA
The sale was facilitated by Steve McKenna and The Home Advantage Team from Gibson Sotheby's International Realty. They acted as the brokers in the transaction and represented the parties involved in the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$69,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,618.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,162.66
Annual Debt Service$73,951.96
Is there something missing? Send suggestions