Updated Dec 4, 2024
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
About this deal
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.
The multifamily sale at 17-19 Harris Street in Belmont, Massachusetts sold for $1.5M in 2024. The building is 2,625 square feet, implying about 560 per square foot on the published price. Bob Airasian, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Belmont, Massachusetts file for the 17-19 Harris Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Belmont sit in the Market section below. Filter that Belmont multifamily set by closing date to see what else sold near 17-19 Harris Street around 2024. Published consideration for 17-19 Harris Street is $1.5M, dated 2024. Cite this Bob Airasian Of Coldwell Banker Acquires Multifamily Property In Belmont, MA For $1.47M As Buyer's Rep sale when underwriting similar multifamily product around Belmont, Massachusetts.
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Belmont 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
10.79%
Cash-on-Cash
-3.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93