Updated Dec 20, 2023
Coldwell Banker Realty Acquires Multifamily Property In Belmont, MA For $1.225M
41 Unity Ave, Belmont, Massachusetts, USA
$1,225,000
$448/SF
Building Size
2,731 SF
Asset Type
MultiFamily
Closing
May 21, 2020
About this deal
AI
Located at 41 Unity Ave in Belmont, MA, this multifamily property was recently sold for an impressive price of $1,225,000. Spanning across 2,731 square feet, the property offers a spacious living space for its future residents. With a price per square foot of $449, it presents a valuable investment opportunity in the Belmont market.
Summary of Transaction Details:
- Property Type: Multifamily
- Transaction Amount: $1,225,000
- Address: 41 Unity Ave
- Market: Belmont, MA
The deal was facilitated by Terry McCarthy and Martha Delaney of Coldwell Banker Realty - Belmont. With their expertise and guidance, the buyer and seller came to a successful agreement, ensuring a smooth transaction process.
Players
Belmont 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
12.95%
Cash-on-Cash
-3.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93