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41 Teel Street

Updated Dec 4, 2024

Multifamily Property At 41 Teel Street Arlington, MA Sold For $1.1M With Buyer's Rep Muncey Group & Seller's Rep Stephen McKenna
SOLDMultiFamily

Multifamily Property At 41 Teel Street Arlington, MA Sold For $1.1M With Buyer's Rep Muncey Group & Seller's Rep Stephen McKenna

41 Teel Street

$1,100,041

$450/SF

Building Size

2,442 SF

Asset Type

MultiFamily

Closing

Nov 15, 2023

About this deal

AI

A multifamily property located at 41 Teel Street in Arlington, MA, was successfully sold for $1,100,041. The property spans 2,442 square feet, resulting in a price per square foot of $450.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,100,041
  • Address: 41 Teel Street, Arlington, MA
  • Market: Arlington, MA

In this transaction, The Muncey Group from Compass represented the buyer, while Stephen McKenna of Gibson Sotheby's International Realty acted as the seller's representative.

Note: The sale of the multifamily property at 41 Teel Street in Arlington, MA, was completed for a total of $1,100,041. The buyer was represented by The Muncey Group from Compass, and the seller was represented by Stephen McKenna from Gibson Sotheby's International Realty.

On the Map

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$1,100,041

$450/SF

MultiFamily

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Players

Stephen McKenna

Sotheby's International Realty

Broker

$19.6M

vol

15 deals

Broker

Arlington MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $450 per square foot on a published $1.1M for 2,442 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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