SOLDMultiFamily
Marcus & Millichap Sells 22-Unit Multifamily Property In Waltham, MA For $6.05M
50 Walnut Street, Waltham, Massachusetts, USA
$6,050,000
$348/SF
Building Size
17,364 SF
Asset Type
MultiFamily
Closing
Nov 19, 2021
AI
A multifamily property located at 50-58 Walnut Street in Waltham, MA has been sold for $6,050,000. The property consists of 22 units, with a price per unit (PPU) of $275,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,050,000
- Market: Waltham, MA
- Units: 22
- PPU: $275,000
The sale was facilitated by Evan Griffith, Tony Pepdjonovic, and Jeremy Buckley from Marcus & Millichap.
Players
Waltham 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
2.62%
Cash-on-Cash
-0.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93