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38-38A Cleveland Street, Ar...

Updated Dec 21, 2023

Coldwell Banker Realty Facilitates $1.22M Multifamily Sale In Arlington, MA
SOLDMultiFamily

Coldwell Banker Realty Facilitates $1.22M Multifamily Sale In Arlington, MA

38-38A Cleveland Street, Arlington, MA, USA

$1,220,000

$380/SF

Building Size

3,207 SF

Asset Type

MultiFamily

Closing

Feb 15, 2021

About this deal

AI

A multifamily property located at 38-38A Cleveland Street in Arlington, MA has been sold for a price of $1,220,000. The property spans 3,207 square feet and has a price per square foot of $380.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,220,000
  • Date: 02/16/2021
  • Address: 38-38A Cleveland Street
  • Market: Arlington, MA

The sale was facilitated by Tony Cabral and Domingo Medina of Coldwell Banker Realty. They represented the buyer and seller in this transaction.

The multifamily sale at 38-38A Cleveland Street, Arlington, MA, USA in Arlington, Massachusetts sold for $1.2M in 2021. The building is 3,207 square feet, implying about 380 per square foot on the published price. Tony Cabral, Domingo Medina, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Arlington, Massachusetts file for the 38-38A Cleveland Street, Arlington, MA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Arlington sit in the Market section below. Filter that Arlington multifamily set by closing date to see what else sold near 38-38A Cleveland Street, Arlington, MA, USA around 2021. Published consideration for 38-38A Cleveland Street, Arlington, MA, USA is $1.2M, dated 2021. Cite this Coldwell Banker Realty Facilitates $1.22M Multifamily Sale In Arlington, MA sale when underwriting similar multifamily product around Arlington, Massachusetts.

Players

Domingo Medina

Coldwell Banker

Broker

$2.7M

vol

2 deals

Broker

Arlington MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $380 per square foot on a published $1.2M for 3,207 square feet (2021).

Visit Tony Cabral to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.00%

Cash-on-Cash

-3.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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