Updated Sep 9, 2024
Benjamin Herman's Valender Properties Acquires Multifamily Property In Waltham For $1.2M
177 Chestnut Street, Waltham, Massachusetts 02453, United States
$1,200,000
$296/SF
Building Size
4,049 SF
Asset Type
MultiFamily
Closing
Dec 10, 2021
About this deal
AI
177 Chestnut St, Waltham, MA, a multifamily property, was recently sold for $1,200,000. The transaction took place on 12/10/2021. The property spans 4,049 square feet, resulting in a price per square foot of $296.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 177 Chestnut St, Waltham, MA
- Market: Waltham, MA
The buyer was represented by Benjamin Herman from Valender Properties, while Darryl Ricci from Vanguard Properties served as the seller's representative.
The multifamily sale at 177 Chestnut Street, Waltham, Massachusetts 02453, United States in Waltham, Massachusetts sold for $1.2M in 2021. The building is 4,049 square feet, implying about 296 per square foot on the published price. Benjamin Herman, Darryl Ricci, Valender Properties appear on the sale alongside Valender Properties. This page is the Waltham, Massachusetts file for the 177 Chestnut Street, Waltham, Massachusetts 02453, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Waltham sit in the Market section below. Filter that Waltham multifamily set by closing date to see what else sold near 177 Chestnut Street, Waltham, Massachusetts 02453, United States around 2021. Published consideration for 177 Chestnut Street, Waltham, Massachusetts 02453, United States is $1.2M, dated 2021. Cite this Benjamin Herman's Valender Properties Acquires Multifamily Property In Waltham For $1.2M sale when underwriting similar multifamily product around Waltham, Massachusetts.
On the Map
$1,200,000
$296/SF
MultiFamily
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Players
Waltham 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93