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47-49 Leslie Road, Belmont,...

Berkshire Hathaway HomeServices Acquires Belmont Multifamily For $1.3M
SOLDMultiFamily

Berkshire Hathaway HomeServices Acquires Belmont Multifamily For $1.3M

47-49 Leslie Road, Belmont, Massachusetts, USA

$1,305,000

$432/SF

Building Size

3,018 SF

Asset Type

MultiFamily

Closing

Jun 3, 2020

AI

A multifamily property located at 47-49 Leslie Rd in Belmont, MA has been sold for a total of $1,305,000. The property spans 3,018 square feet with a price per square foot of $432. The sale took place on 06/03/2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,305,000
  • Square Footage: 3,018
  • Price Per Square Foot: $432
  • Address: 47-49 Leslie Rd, Belmont, MA
  • Market: Belmont, MA

The sale of this multifamily property was facilitated by Vlado Urban & Margaret Vogel from Berkshire Hathaway HomeServices Commonwealth Real Estate. They represented the buyer and seller in this transaction.

Players

Margaret Vogel

Berkshire Hathaway HomeServices

Broker

$2.5M

vol

2 deals

Broker

Belmont 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

12.16%

Cash-on-Cash

-3.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93