Marcus & Millichap Sells Multifamily Property In Waltham, MA For $2.3M
SOLD
$2,300,000
Massachusetts
See Similar DealsMultiFamily9,328 SF
Sold
SOLD
Marcus & Millichap Sells Multifamily Property In Waltham, MA For $2.3M
30A Amory Rd, Waltham, MA 02453, USA
See Similar DealsMultiFamily9,328 SF
Sold
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$246
Total Square Footage:9328 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$122,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08
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