Updated Dec 19, 2023
Compass Acquires Multifamily Property In Arlington, MA For $1.46M
26-28 Bartlett Avenue, Arlington, MA, USA
$1,455,000
$253/SF
Building Size
5,733 SF
Asset Type
MultiFamily
Closing
Mar 4, 2021
About this deal
AI
The multifamily property located at 26-28 Bartlett Avenue in Arlington, MA has been sold for $1,455,000. The transaction took place on 03/05/2021. The property spans a total area of 5,733 square feet, resulting in a price per square foot of $254.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,455,000
- Address: 26-28 Bartlett Avenue
- Market: Arlington, MA
Domingo Medina of Coldwell Banker Realty in Winchester represented the seller in this transaction. The buyer was represented by The Petrowsky Jones Group from Compass.
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
10.90%
Cash-on-Cash
-3.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93