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
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.
Players
Belmont 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93