Berkshire Hathaway HomeServices Acquires Belmont Multifamily For $1.15M
SOLD
$1,150,000
Massachusetts
See Similar DealsMultiFamily
Sold 02/25/2022
SOLD
Berkshire Hathaway HomeServices Acquires Belmont Multifamily For $1.15M
59 Waverley Street, Belmont, Massachusetts 02478, United States
See Similar DealsMultiFamily
Sold 02/25/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 57-59 Waverley St in Belmont, MA has been sold for a price of $1,150,000. The sale took place on February 25, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 57-59 Waverley St, Belmont, MA
- Market: Belmont, MA
The buyer's representative in this transaction was Alexander Chuprin from Zoom Realty, Inc. On the other side, James Savas from Berkshire Hathaway HomeServices Commonwealth Real Estate represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04
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