Updated Dec 21, 2023
J Stallone Realty Group Sells Multifamily Property In Arlington, MA For $1.235M
53-55 Orvis Rd, Arlington, MA, USA
$1,235,000
$447/SF
Building Size
2,758 SF
Asset Type
MultiFamily
Closing
Aug 30, 2021
About this deal
AI
The multifamily property located at 53-55 Orvis Rd in Arlington, MA has been sold for a total price of $1,235,000. The property spans 2,758 square feet, resulting in a price per square foot of $448. This transaction took place on 08/30/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,235,000
- Address: 53-55 Orvis Rd, Arlington, MA
- Market: Arlington, MA
- Property Image: Joe Stallone
- Transaction Date: 08/30/2021
The sale was facilitated by Joe Stallone from J Stallone Realty Group as the broker representing the deal.
Players
Arlington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.84%
Cash-on-Cash
-3.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93