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39 Trowbridge Street, Arlin...

Lance Greene Sells Multifamily Property In Arlington, MA For $1.2M
SOLDMultiFamily

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

Loretta Mosca

Broker

$1.2M

vol

1 deal

Broker

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