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
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.
Players
Waltham 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93