Updated Dec 19, 2023
Coldwell Banker Realty - Westwood Sells Multifamily Property In Arlington, MA For $1.2M
40 Foster Street, Arlington, Massachusetts 02474, United States
$1,200,000
$439/SF
Building Size
2,731 SF
Asset Type
MultiFamily
Closing
May 26, 2022
About this deal
AI
The multifamily property located at 38-40 Foster St in Arlington, MA has been sold. The transaction was facilitated by Julie Gross from Coldwell Banker Realty - Westwood. The property was sold for a price of $1,200,000, with a total area of 2,731 square feet. The price per square foot for this transaction was $439.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Square Footage: 2,731
- Price per Square Foot: $439
- Address: 38-40 Foster St, Arlington, MA
- Market: Arlington, MA
This transaction underscores the role of Julie Gross from Coldwell Banker Realty - Westwood in representing the parties involved in the sale of this multifamily property in Arlington. With their expertise and industry knowledge, Gross helped facilitate the successful completion of this transaction.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93