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Stonehurst RE Group And Hans Brings Handle $1.2M Waltham Multifamily Sale

Property Image
SOLD
$1,200,000

Massachusetts

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MultiFamily3,569 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Stonehurst RE Group And Hans Brings Handle $1.2M Waltham Multifamily Sale

198 High Street

See Similar Deals
MultiFamily3,569 SF
Sold
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$336
Total Square Footage:3569 SF
Transaction Type:Sale

A multifamily property located at 198-200 High Street in Waltham has been sold for $1,200,000. The asset spans 3,569 square feet, achieving a price per square foot of $336.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 198-200 High Street
  • Market: Waltham

Stonehurst RE Group from Keller Williams Realty Evolution represented the buyer, while Hans Brings from Coldwell Banker represented the seller in this transaction.

Players

Hans Brings
Coldwell Banker
Hans Brings
3 deals$4.1M volume
BROKER

Details

SOLD
IMAGE: Hans Brings DATE: 06/14/2024 ADDRESS: 198-200 High Street MARKET: Waltham ASSET TYPE: Multifamily BUYER'S REP: Stonehurst RE Group - Keller Williams Realty Evolution SELLER'S REP: Hans Brings - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,200,000 SF: 3,569 ~ PPSF: $336 NOTE: In Waltham's market, a multifamily property located at 198-200 High Street has been sold for $1,200,000. Stonehurst RE Group of Keller Williams Realty Evolution represented the buyer, while Hans Brings of Coldwell Banker represented the seller in the transaction for the 3,569-square-foot asset, achieving a price per square foot of $336.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$64,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35