Stephen Bremis Realty Group Acquires Arlington Multifamily Property For $1.2M
64-66 Winter Street
$1,200,000
$501/SF
Building Size
2,392 SF
Asset Type
MultiFamily
Closing
Dec 1, 2023
AI
In Arlington, MA, a multifamily property at 64-66 Winter Street was recently sold for $1,200,000. The property has a total square footage of 2,392 and a price per square foot of $502.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Square Footage: 2,392
- Price Per Square Foot: $502
- Address: 64-66 Winter Street, Arlington, MA
- Market: Arlington, MA
Stephen Bremis of Steve Bremis Realty Group represented the buyer, while Giovanna Colabraro of Keller Williams Realty Boston South West acted as the seller's representative in the transaction.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93