Updated Dec 19, 2023
Blue Ocean Realty, Llc Acquires Multifamily Property In Waltham, MA For $1M
244 River Street, Waltham, Massachusetts 02453, United States
$1,000,000
$301/SF
Building Size
3,316 SF
Asset Type
MultiFamily
Closing
Apr 13, 2022
About this deal
AI
A multifamily property located at 242-244 River St in Waltham, MA has been sold for $1,000,000. The property spans 3,316 square feet, resulting in a price per square foot of $302.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 242-244 River St, Waltham, MA
- Market: Waltham, MA
- Buyer's Rep: Yueji Hall - Blue Ocean Realty, Llc
- Seller's Rep: Silvestre Buscemi - Village Realty Group
In this transaction, the buyer's representative was Yueji Hall from Blue Ocean Realty, Llc, and the seller's representative was Silvestre Buscemi from Village Realty Group.
Players
Waltham MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93