facebook
Traded Co logo
Submit
Daily limit: 0/10

Stephen McKenna Of Sotheby's International Realty Represents Seller In Arlington Multifamily Sale For $1.3M

Property Image
SOLD
$1,300,000

Massachusetts

See Similar Deals
MultiFamily2,828 SF
Sold 07/01/2024
the dealplayerscompscontact
Property Image
SOLD

Stephen McKenna Of Sotheby's International Realty Represents Seller In Arlington Multifamily Sale For $1.3M

46-48 Newcomb Street

See Similar Deals
MultiFamily2,828 SF
Sold 07/01/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$459
Total Square Footage:2,828 SF
Transaction Type:Sale

The multifamily property located at 46-48 Newcomb Street in Arlington, MA, has been sold for $1,300,000. The asset spans a total of 2,828 square feet, resulting in a price per square foot of $460. This well-maintained two-family home includes updated kitchens and bathrooms, ample storage space, and features recent improvements such as new windows, a new roof, and fresh exterior painting.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,300,000
  • Address: 46-48 Newcomb Street
  • Market: Arlington, MA
  • Square Footage: 2,828
  • Price Per Square Foot: $460
  • Buyer's Representative: Dream Team - Dreamega International Realty
  • Seller's Representative: Stephen McKenna - Sotheby's International Realty

The buyer was represented by Dream Team from Dreamega International Realty, while the seller was represented by Stephen McKenna of Sotheby's International Realty. This transaction presents an opportunity for homebuyers and investors, particularly due to its advantageous location near shops and restaurants in East Arlington.

Players

Stephen (Steve) McKenna
15 deals$19.6M volume
BROKER

Details

SOLD
IMAGE: Stephen McKenna DATE: 07/01/2024 ADDRESS: 46-48 Newcomb Street MARKET: Arlington, MA ASSET TYPE: Multifamily BUYER'S REP: Dream Team - Dreamega International Realty SELLER'S REP: Stephen McKenna - Sotheby's International Realty (@SothebysRealty) SALE PRICE: $1,300,000 SF: 2,828 ~ PPSF: $460 NOTE: 46-48 Newcomb St, Arlington, MA 02474, sold for $1,300,000, offers a prime opportunity in East Arlington. This well-maintained two-family home features updated kitchens and baths, ample storage, and recent improvements including windows, roof, and exterior painting, ideal for both homebuyers and investors seeking a convenient location near shops, restaurants,

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$69,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,618.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,162.66
Annual Debt Service$73,951.96