Judy Weinberg Acquires Multifamily Property In Arlington, MA For $1.365M
SOLD
$1,365,000
Massachusetts
See Similar DealsMultiFamily3,095 SF
Sold 07/08/2020
SOLD
Judy Weinberg Acquires Multifamily Property In Arlington, MA For $1.365M
44 Palmer St, Arlington, Massachusetts, USA
See Similar DealsMultiFamily3,095 SF
Sold 07/08/2020
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$441
Total Square Footage:3,095 SF
Transaction Type:Sale
A multifamily property located at 44 Palmer St in Arlington, MA has recently been sold at a price of $1,365,000. The property spans 3,095 square feet, resulting in a price per square foot of $441.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,365,000
- Address: 44 Palmer St, Arlington, MA
- Market: Arlington, MA
Judy Weinberg from Leading Edge Real Estate served as the broker in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$72,799.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,849.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,470.80
Annual Debt Service$77,649.56
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