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227-229 South St, Waltham, ...

Berkshire Hathaway HomeServices Acquires Multifamily Asset In Waltham, MA For $1.93M
SOLDMultiFamily

Berkshire Hathaway HomeServices Acquires Multifamily Asset In Waltham, MA For $1.93M

227-229 South St, Waltham, Massachusetts, USA

$1,930,000

$375/SF

Building Size

5,142 SF

Asset Type

MultiFamily

Closing

Oct 8, 2021

AI

The multifamily property located at 227-229 South St in Waltham, MA has been sold for a total of $1,930,000. The property spans across 5,142 square feet, resulting in a price per square foot of $375.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,930,000
  • Address: 227-229 South St
  • Market: Waltham, MA

The buyer was represented by Anabela Gomes from Urban Realty, while the seller was represented by the Jim & Mike Savas Team from Berkshire Hathaway HomeServices Commonwealth Real Estate.

Players

Anabela Gomes

Broker

$3M

vol

2 deals

Broker

Waltham 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

8.22%

Cash-on-Cash

-2.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93