Lance Greene Sells Multifamily Property In Arlington, MA For $1.2M
39 Trowbridge Street, Arlington, Massachusetts, USA
$1,200,000
$484/SF
Building Size
2,478 SF
Asset Type
MultiFamily
Closing
Nov 23, 2021
AI
A multifamily property located at 39 Trowbridge in Arlington, MA has been sold for a total price of $1,200,000. The property spans 2,478 square feet, resulting in a price per square foot of $484. The sale was finalized on November 23, 2021, with Lance Greene representing the buyer and Loretta Mosca representing the seller.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 39 Trowbridge, Arlington, MA
- Square Footage: 2,478
- Price per Square Foot: $484
- Market: Arlington, MA
Lance Greene, from Greene Properties Group - Compass, acted as the buyer's representative in this transaction. Loretta Mosca, from Bessette Realty, served as the seller's representative. These key individuals played a crucial role in facilitating the sale of the property.
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