Berkshire Hathaway HomeServices Acquires Belmont Multifamily For $1.065M
219-221 Trapelo Road, Belmont, MA, USA
$1,065,000
$415/SF
Building Size
2,564 SF
Asset Type
MultiFamily
Closing
Mar 9, 2021
AI
A multifamily property located at 219-221 Trapelo Road in Belmont, MA has been sold for a price of $1,065,000. The property spans over 2,564 square feet, resulting in a price per square foot of $415.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $1,065,000
- Square Footage: 2,564
- Price Per Square Foot: $415
- Location: 219-221 Trapelo Road, Belmont, MA
The seller's representative in this transaction was Ari Koufos from Realty Executives. On the other hand, the buyer's representative was David Hurley from Berkshire Hathaway HomeServices Commonwealth Real Estate.
Players
Belmont MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.89%
Cash-on-Cash
-4.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93