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358-360 Arlington Street

Watertown Multifamily Sells For $1.015M With Buyer's Rep Chris Yang & Seller's Rep Joselin Malkhasian
SOLDMultiFamily

Watertown Multifamily Sells For $1.015M With Buyer's Rep Chris Yang & Seller's Rep Joselin Malkhasian

358-360 Arlington Street

$1,015,000

$459/SF

Building Size

2,208 SF

Asset Type

MultiFamily

Closing

Dec 1, 2023

AI

A multifamily property located at 358-360 Arlington Street in Watertown, MA, has been sold for a total price of $1,015,000. The property spans 2,208 square feet and was purchased at an average price per square foot of $460.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,015,000
  • Address: 358-360 Arlington Street, Watertown, MA
  • Square Footage: 2,208
  • Price Per Square Foot: $460

The buyer's representative in this transaction was Chris Yang, who is associated with Keller Williams. On the other hand, Joselin Malkhasian from Lamacchia Realty represented the seller in the deal.

It's worth noting that this transaction signifies the successful transfer of ownership for the multifamily property at 358-360 Arlington Street in Watertown, MA.

Players

Joselin Malkhasian

Lamacchia Realty

Broker

$4.5M

vol

4 deals

Broker

Watertown 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

15.63%

Cash-on-Cash

-4.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93