Updated Dec 21, 2023
Gibson Sotheby's International Realty Acquires Multifamily Property In Arlington For $1.54M
18 Marathon Street, Arlington, Massachusetts 02474, United States
$1,540,000
$385/SF
Building Size
4,000 SF
Asset Type
MultiFamily
Closing
May 19, 2022
About this deal
AI
The multifamily property located at 18 Marathon St in Arlington, MA has been sold for a price of $1,540,000. The property spans 4,000 square feet, resulting in a price per square foot of $385.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,540,000
- Address: 18 Marathon St, Arlington, MA
- Market: Arlington, MA
- Buyer's Rep: Carol Curcio - Gibson Sotheby's International Realty
- Seller's Rep: Maureen Gaeta - MP Realty Group
Carol Curcio from Gibson Sotheby's International Realty represented the buyer in this transaction, while Maureen Gaeta from MP Realty Group represented the seller.
Arlington 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
10.30%
Cash-on-Cash
-2.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93