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29-31 Adams Street, Waltham...

Updated Dec 21, 2023

Miriam Colton Acquires Multifamily Property In Waltham, MA For $1.2M
SOLDMultiFamily

Miriam Colton Acquires Multifamily Property In Waltham, MA For $1.2M

29-31 Adams Street, Waltham, MA, USA

$1,204,125

$288/SF

Building Size

4,175 SF

Asset Type

MultiFamily

Closing

Feb 28, 2021

About this deal

AI

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.

Players

Hans Brings

Coldwell Banker

Broker

$4.1M

vol

3 deals

Broker

Waltham MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $288 per square foot on a published $1.2M for 4,175 square feet (2021).

Visit Hans Brings to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.17%

Cash-on-Cash

-3.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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