Updated Sep 9, 2024
1530 Massachusetts Avenue Multifamily Sells For $1.02M With Buyer's Rep Steven Mango & Seller's Rep Stephen McKenna
1530 Massachusetts Avenue Arlington, MA 02476, USA
$1,020,000
$316/SF
Building Size
3,219 SF
Asset Type
MultiFamily
Closing
Aug 16, 2023
About this deal
AI
A multifamily property located at 1530 Massachusetts Avenue in Arlington, Massachusetts, has recently been sold for a price of $1,020,000. The property spans 3,219 square feet and has a price per square foot of $317.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,020,000
- Square Footage: 3,219
- Price per Square Foot: $317
- Address: 1530 Massachusetts Avenue, Arlington, MA
- Market: Arlington, MA
The successful sale of this multifamily property was facilitated by Steven Mango from Startpoint Realty, who represented the buyer, and Stephen McKenna from Gibson Sotheby's International Realty, who represented the seller.
On the Map
$1,020,000
$316/SF
MultiFamily
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Players
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
15.55%
Cash-on-Cash
-4.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93