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
Belmont 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
10.68%
Cash-on-Cash
-3.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93