Marcus & Millichap Sells 22-Unit Multifamily Property In Waltham, MA For $6.05M
SOLD
Massachusetts
See Similar DealsMultiFamily17,364 SF
Sold
SOLD
Marcus & Millichap Sells 22-Unit Multifamily Property In Waltham, MA For $6.05M
50 Walnut Street, Waltham, Massachusetts, USA
See Similar DealsMultiFamily17,364 SF
Sold
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$348
Total Square Footage:17,364 SF
Transaction Type:Sale
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
Details
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$322,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,494.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,680.09
Annual Debt Service$344,161.04
Is there something missing? Send suggestions