facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

15-15A Frederick St, Belmon...

Redfin Corp Acquires Multifamily Property In Belmont, MA For $1.16M
SOLDMultiFamily

Redfin Corp Acquires Multifamily Property In Belmont, MA For $1.16M

15-15A Frederick St, Belmont, Massachusetts, USA

$1,156,000

$464/SF

Building Size

2,490 SF

Asset Type

MultiFamily

Closing

Oct 18, 2021

AI

A multifamily property located at 15-15A Frederick St in Belmont, MA was recently sold for a price of $1,156,000. The property spans across 2,490 square feet, resulting in a price per square foot of $464.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,156,000
  • Address: 15-15A Frederick St, Belmont, MA
  • Market: Belmont, MA

The buyer's representative in this transaction was Elynn Chen from Redfin Corp. On the seller's side, the Jim & Mike Savas Team from Berkshire Hathaway HomeServices Commonwealth Real Estate represented the property. These individuals and companies played crucial roles in facilitating the sale of the multifamily property in Belmont, MA.

Players

James Savas

Berkshire Hathaway HomeServices

Broker

$9.4M

vol

7 deals

Broker

Belmont 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

13.72%

Cash-on-Cash

-3.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93