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178 Weston Street

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

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

$1,025,000

$191/SF

Building Size

5,344 SF

Asset Type

MultiFamily

Closing

Nov 28, 2023

AI

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

Coldwell Banker

Broker

$6.9M

vol

3 deals

Broker

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

15.48%

Cash-on-Cash

-4.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93