Updated Dec 20, 2023
Berkshire Hathaway HomeServices Acquires Belmont Multifamily For $1.15M
59 Waverley Street, Belmont, Massachusetts 02478, United States
$1,150,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 24, 2022
About this deal
AI
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.
The multifamily sale at 59 Waverley Street, Belmont, Massachusetts 02478, United States in Belmont, Massachusetts sold for $1.2M in 2022. 59 Waverley Street, Belmont, Massachusetts 02478, United States is classified as Multifamily on Traded. James "Jim" Savas, Alexander Chuprin, Berkshire Hathaway HomeServices appear on the sale alongside Berkshire Hathaway HomeServices. This page is the Belmont, Massachusetts file for the 59 Waverley Street, Belmont, Massachusetts 02478, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Belmont sit in the Market section below. Filter that Belmont multifamily set by closing date to see what else sold near 59 Waverley Street, Belmont, Massachusetts 02478, United States around 2022. Published consideration for 59 Waverley Street, Belmont, Massachusetts 02478, United States is $1.2M, dated 2022. Cite this Berkshire Hathaway HomeServices Acquires Belmont Multifamily For $1.15M sale when underwriting similar multifamily product around Belmont, Massachusetts.
Players
Belmont 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93