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18-20 Oxford Ave, Belmont, ...

Coldwell Banker Realty Acquires Multifamily Property In Belmont, MA For $1.485M
SOLDMultiFamily

Coldwell Banker Realty Acquires Multifamily Property In Belmont, MA For $1.485M

18-20 Oxford Ave, Belmont, Massachusetts, USA

$1,485,000

$642/SF

Building Size

2,312 SF

Asset Type

MultiFamily

Closing

May 27, 2021

AI

The multifamily property located at 18-20 Oxford Ave in Belmont, MA was recently sold for a price of $1,485,000. The property spans across 2,312 square feet, resulting in a price per square foot of $642.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,485,000
  • Address: 18-20 Oxford Ave, Belmont, MA
  • Market: Belmont, MA

The seller's representative in this transaction was Scott Miller from Autograph Properties. On the other hand, the buyer was represented by Lori Orchanian from Coldwell Banker Realty - Belmont.

Players

Lori Orchanian

Coldwell Banker

Broker

$10.5M

vol

6 deals

Broker

Belmont 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

10.68%

Cash-on-Cash

-3.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93