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Kate Ziegler Of Arborview Realty Represents Buyer In $1.215M Waltham Multifamily Sale
SOLD
Massachusetts
See Similar DealsMultiFamily3,204 SF
Sold 07/26/2024
SOLD
Kate Ziegler Of Arborview Realty Represents Buyer In $1.215M Waltham Multifamily Sale
212-214 Hammond Street
See Similar DealsMultiFamily3,204 SF
Sold 07/26/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$379
Total Square Footage:3,204 SF
Transaction Type:Sale
A two-family home located at 212-214 Hammond Street, Waltham, MA, has been sold for $1.215 million. The asset consists of 3,204 square feet and features 6 bedrooms and 2 baths. The property provides modern updates and period details, along with a large, landscaped yard.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,215,000
- Units: 2
- Price Per Unit: $607,500
- Square Footage: 3,204
- Price Per Square Foot: $379
Kate Ziegler of Arborview Realty represented the buyer in this transaction, while the seller was represented by James Savas of Berkshire Hathaway HomeServices.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,800.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,316.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,759.72
Annual Debt Service$69,116.64
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