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Multifamily Property In Waltham, MA Sold For $1.025M With Buyer's Rep Amy Mizner & Will Montero And Seller's Rep Mike DeStefano

Property Image
SOLD
$1,025,000

Massachusetts

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MultiFamily5,344 SF
Sold 11/28/2023
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Property Image
SOLD

Multifamily Property In Waltham, MA Sold For $1.025M With Buyer's Rep Amy Mizner & Will Montero And Seller's Rep Mike DeStefano

178 Weston Street & 180 Weston Street

See Similar Deals
MultiFamily5,344 SF
Sold 11/28/2023
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$191
Total Square Footage:5,344 SF
Transaction Type:Sale

A multifamily property located at 178-180 Weston Street in Waltham, MA has been sold for a total of $1,025,000. The property encompasses a total area of 2,672 square feet, resulting in a price per square foot of $384. The transaction was facilitated by Amy Mizner and Will Montero from Gibson Sotheby's International Realty, who represented the buyer, and Mike DeStefano from Coldwell Banker Realty - Waltham, who represented the seller.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $1,025,000
  • Address: 178-180 Weston Street
  • Market: Waltham, MA
  • Buyer's Representative: Amy Mizner & Will Montero - Gibson Sotheby's International Realty
  • Seller's Representative: Mike DeStefano - Coldwell Banker Realty - Waltham

This sale marks a successful transaction facilitated by reputable professionals in the real estate industry. Amy Mizner and Will Montero of Gibson Sotheby's International Realty represented the buyer, while Mike DeStefano of Coldwell Banker Realty - Waltham represented the seller. The involvement of these experienced brokers contributed to a smooth and efficient sale process.

Players

Mike DeStefano
3 deals$6.9M volume
BROKER

Amy Mizner
Sotheby's International Realty
2 deals$2.4M volume(617) 851-4909
BROKER

Will Montero
Sotheby's International Realty
2 deals$2.4M volume(617) 312-7232
BROKER

Details

SOLD
IMAGE: Amy Mizner, Will Montero & Mike DeStefano DATE: 11/28/2023 ADDRESS: 178-180 Weston Street MARKET: Waltham, MA ASSET TYPE: Multifamily BUYER'S REP: Amy Mizner (@AmyMizner) & Will Montero (@WillMonterosothebys) - Gibson Sotheby's International Realty (@Gibson_SIR) SELLER'S REP: Mike DeStefano (@MagicMikeCB) - Coldwell Banker Realty - Waltham (@ColdwellBankerWalthamMA) SALE PRICE: $1,025,000 SF: 2,672 ~ PPSF: $384 NOTE: A multifamily property at 178-180 Weston Street in Waltham, MA, was sold for $1,025,000. The transaction involved representation by Amy Mizner and Will Montero of Gibson Sotheby's International Realty for the buyer and Mike DeStefano of Coldwell Banker Realty - Waltham for the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$54,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,641.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,859.02
Annual Debt Service$58,308.28