SOLDMultiFamily
Judy Weinberg Acquires Multifamily Property In Arlington, MA For $1.365M
44 Palmer St, Arlington, Massachusetts, USA
$1,365,000
$441/SF
Building Size
3,095 SF
Asset Type
MultiFamily
Closing
Jul 8, 2020
AI
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.
Arlington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.62%
Cash-on-Cash
-3.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93