SOLDMultiFamily
Bob Airasian Of Coldwell Banker Acquires Multifamily Property In Belmont, MA For $1.47M As Buyer's Rep
17-19 Harris Street
$1,470,000
$560/SF
Building Size
2,625 SF
Asset Type
MultiFamily
Closing
Mar 6, 2024
AI
In Belmont, MA, a multifamily property located at 17-19 Harris Street was sold for $1,470,000. The property spans 2,625 square feet with a price per square foot of $560.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,470,000
- Address: 17-19 Harris Street
- Market: Belmont, MA
Bob Airasian from Coldwell Banker represented the buyer, while The Toland Team from Berkshire Hathaway HomeServices represented the seller in the transaction.
Players
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
10.79%
Cash-on-Cash
-3.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93