Miriam Colton Acquires Multifamily Property In Waltham, MA For $1.2M
SOLD
$1,204,125
Massachusetts
See Similar DealsMultiFamily4,175 SF
Sold
SOLD
Miriam Colton Acquires Multifamily Property In Waltham, MA For $1.2M
29-31 Adams Street, Waltham, MA, USA
See Similar DealsMultiFamily4,175 SF
Sold
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$288
Total Square Footage:4175 SF
Transaction Type:Sale
Located at 29-31 Adams Street in Waltham, MA, this multifamily property was recently sold in a closed transaction. The property spans 4,175 square feet and was sold for a total price of $1,204,125, resulting in a price per square foot of $288. The sale took place on 03/01/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,204,125
- SF: 4,175
- PPSF: $288
Hans Brings from Coldwell Banker Realty in Waltham represented the seller during the transaction. Miriam Colton served as the buyer's representative. Both individuals played crucial roles in ensuring the successful completion of the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,219.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,278.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,708.17
Annual Debt Service$68,498.00
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