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
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.
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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93