Updated Dec 21, 2023
Gibson Sotheby's International Realty Sells Multifamily Property In Arlington, MA For $1.3M
14 Varnum Street, Arlington, MA 02474
$1,300,000
$379/SF
Building Size
3,429 SF
Asset Type
MultiFamily
Closing
Dec 15, 2021
About this deal
AI
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.
On the Map
$1,300,000
$379/SF
MultiFamily
View full map
Arlington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Stephen (Steve) McKenna to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93