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Multifamily Property In Waltham Sold For $1M, Compass & Berkshire Hathaway HomeServices Brokers Facilitate The Sale

Property Image
SOLD
$1,000,000
 Lynne Stockman
Phil Stockman
+ 5

Massachusetts

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MultiFamily2,262 SF
Sold 05/17/2024
the dealplayerscompscontact
Property Image
SOLD

Multifamily Property In Waltham Sold For $1M, Compass & Berkshire Hathaway HomeServices Brokers Facilitate The Sale

30-32 Central Street

See Similar Deals
MultiFamily2,262 SF
Sold 05/17/2024
 Lynne Stockman
Phil Stockman
+ 5
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$442
Total Square Footage:2,262 SF
Transaction Type:Sale

A multifamily property at 30-32 Central Street in Waltham, MA, with a size of 2,262 square feet, was successfully sold for $1 million. The transaction was facilitated with Compass representing the buyer and Berkshire Hathaway HomeServices representing the seller.

Summary of transaction details:

The deal involved key individuals from Compass and Berkshire Hathaway HomeServices. Crystal Rogal, Gabby Thomas, India Ward, Jessica Allain, and Kristen Scannell represented the buyer, while Lynne Stockman, Marie Farrar, and Phil Stockman acted as the seller's representatives in the transaction at hand.

Players

Marie Farrar
1 deal$1M volume(781) 254-1481
BROKER

 Lynne Stockman
Berkshire Hathaway HomeServices
1 deal$1M volume(617) 645-0819
BROKER

Phil Stockman
Berkshire Hathaway HomeServices
1 deal$1M volume(617) 448-6004
BROKER

Jessica Allain
Compass
1 deal$1M volume(617) 820-8114
BROKER

Crystal Rogal
Compass
1 deal$1M volume(508) 561-7841
BROKER

Kristen Scannell
Compass
1 deal$1M volume(508) 662-7605
BROKER

Gabby Thomas
Compass
1 deal$1M volume(508) 654-4478
BROKER

India Ward
Compass
1 deal$1M volume(413) 464-5847
BROKER

Details

SOLD
IMAGE: Lynne Stockman, Marie Farrar, Phil Stockman, Crystal Rogal, Gabby Thomas, India Ward, Jessica Allain & Kristen Scannell DATE: 05/17/2024 ADDRESS: 30-32 Central Street MARKET: Waltham, MA ASSET TYPE: Multifamily BUYER'S REP: Crystal Rogal, Gabby Thomas, India Ward (@IndiaWard_RealEstate), Jessica Allain (@JAllainRE) & Kristen Scannell (@KMons8) - Compass (@Compass) SELLER'S REP: Lynne Stockman, Marie Farrar & Phil Stockman - Berkshire Hathaway HomeServices (@BHHSRealEstate) SALE PRICE: $1,000,000 SF: 2,262 ~ PPSF: $442 NOTE: A multifamily property at 30-32 Central Street in Waltham, MA, was sold for $1 million, with Compass representing the buyer and Berkshire Hathaway HomeServices representing the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$53,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12