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
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