Coldwell Banker Realty Acquires Multifamily Property In Belmont, MA For $1.485M
SOLD
$1,485,000
Massachusetts
See Similar DealsMultiFamily2,312 SF
Sold 05/27/2021
SOLD
Coldwell Banker Realty Acquires Multifamily Property In Belmont, MA For $1.485M
18-20 Oxford Ave, Belmont, Massachusetts, USA
See Similar DealsMultiFamily2,312 SF
Sold 05/27/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$642
Total Square Footage:2,312 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,200.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,275.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,039.66
Annual Debt Service$84,475.89
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