Marcus & Millichap Sells Multifamily Property In Waltham, MA For $2.3M
30A Amory Rd, Waltham, MA 02453, USA
$2,300,000
$246/SF
Building Size
9,328 SF
Asset Type
MultiFamily
Closing
Sep 28, 2020
AI
The multifamily property located at 30A Amory Road in Waltham, MA has been sold for a total price of $2,300,000. This property is part of the residential real estate market in Waltham and offers a unique investment opportunity.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Address: 30A Amory Road, Waltham, MA
- Brokers: Evan Griffith, Tony Pepdjonovic, & Jeremy Buckley – Marcus & Millichap
The deal was represented by Evan Griffith, Tony Pepdjonovic, and Jeremy Buckley from Marcus & Millichap. Their expertise and experience in the market played a significant role in facilitating the transaction. The parties involved in the sale recognized the potential of this multifamily property and seized the opportunity to close the deal.
Players
Waltham MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93