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46-48 Waldo Rd, Arlington, ...

Updated Dec 21, 2023

Joe Flanagan & Randy Horn Sell Multifamily Property In Arlington, MA For $1,225,000
SOLDMultiFamily

Joe Flanagan & Randy Horn Sell Multifamily Property In Arlington, MA For $1,225,000

46-48 Waldo Rd, Arlington, MA, USA

$1,225,000

$536/SF

Building Size

2,284 SF

Asset Type

MultiFamily

Closing

Dec 2, 2021

About this deal

AI

Located at 46-48 Waldo Rd in Arlington, MA, this multifamily property was recently sold for a total price of $1,225,000. Spanning across a total area of 2,284 square feet, the property offers a price per square foot of $536. The transaction took place on 12/02/2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,225,000
  • Address: 46-48 Waldo Rd, Arlington, MA
  • Market: Arlington, MA
  • Square Footage: 2,284
  • Price per Square Foot: $536

The sale of this multifamily property was facilitated by Joe Flanagan & The Real Estate Randy Team from Compass. They represented the parties involved in this transaction, ensuring a successful closing. The collaboration between the buyers, sellers, and the proficient brokers from Compass played a significant role in the completion of this deal.

Players

Randy Horn

Compass

Broker

$1.2M

vol

1 deal

Broker

Arlington MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $536 per square foot on a published $1.2M for 2,284 square feet (2021).

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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

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