Updated Dec 4, 2024
Vahan Sardaryan Of EXP Realty Represents Buyer In $1.1M Sale Of Belmont Multifamily Property
18 Winslow Road & 20 Winslow Road
$1,100,000
$302/SF
Building Size
1,820 SF
Asset Type
MultiFamily
Closing
Aug 21, 2024
About this deal
AI
18-20 Winslow Road in Belmont, MA sold for $1,100,000. This property features a two-family home with a total of 1,820 square feet. The sale was conducted in the Belmont market, with a price per unit of $550,000 and a price per square foot of $604.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Units: 2
- Square Footage: 1,820
- Price Per Unit: $550,000
- Price Per Square Foot: $604
The buyer's representative for this transaction was Vahan Sardaryan from EXP Realty, while the seller's representative was Christine Pomer from Coldwell Banker, highlighting the involvement of these key individuals in the successful completion of the deal.
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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93