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27-29 Dartmouth Street

Kristen Germano Of NextHome Tradition Represents Buyer In $1.078M Arlington Multifamily Sale
SOLDMultiFamily

Kristen Germano Of NextHome Tradition Represents Buyer In $1.078M Arlington Multifamily Sale

27-29 Dartmouth Street

$1,078,000

$488/SF

Building Size

2,208 SF

Asset Type

MultiFamily

Closing

Sep 9, 2024

AI

A two-family property located at 27-29 Dartmouth Street in Arlington, MA, has been sold for $1,078,000. The asset encompasses a total of 2,208 square feet and features four bedrooms and two bathrooms. The property includes updates such as insulated windows and gas heating, along with parking space for four vehicles and a mature garden area.

Summary of transaction details:

The transaction involved key representatives, with Kristen Germano representing the buyer through NextHome Tradition and William W. Brennan representing the seller from Greater Metropolitan Real Estate. These professionals facilitated the agreement for the property sale.

Players

William W. Brennan

Greater Metropolitan Real Estate

Broker

$4.4M

vol

3 deals

Broker

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

14.72%

Cash-on-Cash

-4.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93