Updated Dec 4, 2024
Dream Team From Dreamega International Realty LLC Acquires Arlington Multifamily For $1.2M
6-8 Park Street Place
$1,239,000
$558/SF
Building Size
2,220 SF
Asset Type
MultiFamily
Closing
Dec 28, 2023
About this deal
AI
A multifamily property at 6-8 Park Street Place in Arlington, MA, was successfully traded for $1,239,000. The property has a total square footage of 2,220, resulting in a price per square foot of $558.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,239,000
The buyer in this transaction was represented by the Dream Team from Dreamega International Realty LLC. On the other hand, the seller was represented by Bassema R Shalhoub from Berkshire Hathaway HomeServices. It is noteworthy that the deal was successfully closed under their supervision and expertise.
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
12.80%
Cash-on-Cash
-3.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93