Gibson Sotheby's Acquires Multifamily Property In Arlington, MA For $1.335M
147 Highland Ave, Arlington, Massachusetts, USA
$1,335,000
$387/SF
Building Size
3,450 SF
Asset Type
MultiFamily
Closing
Aug 9, 2021
AI
The multifamily property located at 147 Highland Ave in Arlington, MA has been sold for a price of $1,335,000. The property spans a total area of 3,450 square feet, resulting in a price per square foot of $387.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,335,000
- Market: Arlington, MA
The seller's representative in this transaction was Judy Weinberg from Leading Edge Real Estate, while the buyer was represented by Steve McKenna & The Home Advantage Team from Gibson Sotheby's International Realty.
Players
Arlington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.88%
Cash-on-Cash
-3.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93