Updated Dec 21, 2023
Berkshire Hathaway HomeServices Acquires Multifamily Property In Arlington, MA For $1.63M
25 Teel Street, Arlington, Massachusetts 02474, United States
$1,630,000
$386/SF
Building Size
4,217 SF
Asset Type
MultiFamily
Closing
Sep 17, 2021
About this deal
AI
The multifamily property located at 25 Teel St in Arlington, MA has been sold for a price of $1,630,000. The transaction took place on September 17, 2021. The property spans over 4,217 square feet, resulting in a price per square foot of $387. Louise Olson from Berkshire Hathaway HomeServices Robert Paul Properties represented the seller, while Paul Payson from Payson Realty represented the buyer.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,630,000
- Date: 09/17/2021
- Address: 25 Teel St
- Market: Arlington, MA
Louise Olson, a representative from Berkshire Hathaway HomeServices Robert Paul Properties, acted as the seller's representative in the transaction. On the other hand, Paul Payson, from Payson Realty, represented the buyer. These individuals played key roles in facilitating the successful sale of the multifamily property.
Players
Arlington 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
9.73%
Cash-on-Cash
-2.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93