Updated Dec 4, 2024
Coldwell Banker Realty Acquires Arlington Multifamily For $1.385M
32-34 Orvis Road
$1,385,000
$488/SF
Building Size
2,837 SF
Asset Type
MultiFamily
Closing
Oct 5, 2023
About this deal
AI
A multifamily property located at 32-34 Orvis Road in Arlington, MA, was sold for $1,385,000. The property spans 2,837 square feet, resulting in a price per square foot of $488.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,385,000
- Square Footage: 2,837
- Price Per Square Foot: $488
- Address: 32-34 Orvis Road, Arlington, MA
- Market: Arlington, MA
The buyer in this transaction was represented by Dave Ledwig of Coldwell Banker Realty, while Robert Hurley from Distinctive Properties acted as the seller's representative.
Players
Arlington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.45%
Cash-on-Cash
-3.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93