Wendy Wang Of Downtown Boston Real Estate Represents Buyer In $1.35M Multifamily Sale In Arlington
23-25 Windsor Street
$1,350,000
$536/SF
Building Size
2,516 SF
Asset Type
MultiFamily
Closing
Jul 29, 2024
AI
A two-family home located at 23-25 Windsor Street in Arlington, MA, was sold for $1.35 million. The asset features a total of 2,516 square feet, encompassing 5 bedrooms and 2 bathrooms with potential for renovation. The sale price per unit was $675,000 and the price per square foot amounted to $537.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,350,000
- Units: 2
- Square Footage: 2,516
- Price per Unit: $675,000
- Price per Square Foot: $537
- Buyer's Representative: Wendy Wang - Downtown Boston Real Estate
- Seller's Representative: Stephen McKenna - Gibson Sotheby's International Realty
The sale involved Wendy Wang, representing the buyer, and Stephen McKenna, representing the seller. The property is strategically located near Capitol Square, Alewife Station, and major routes, contributing to its appeal in the Arlington market.
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Arlington 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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93