RE/MAX Harmony & RE/MAX Executive Realty Broker Deal For $1.2M Multifamily Sale In Arlington, MA
66-68 Brooks Avenue, Arlington, MA, USA
$1,200,000
$455/SF
Building Size
2,634 SF
Asset Type
MultiFamily
Closing
Jan 31, 2021
AI
Located at 66-68 Brooks Avenue in Arlington, MA, this multifamily property was recently sold for $1,200,000. The transaction took place on 02/01/2021, with a total square footage of 2,634. The price per square foot for this property was $456.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 66-68 Brooks Avenue, Arlington, MA
- Market: Arlington, MA
- Seller's Representative: David Ladner - RE/MAX Harmony
- Buyer's Representative: Paul Shao - RE/MAX Executive Realty
- Square Footage: 2,634
- Price per Square Foot: $456
David Ladner from RE/MAX Harmony represented the seller in this transaction, while Paul Shao from RE/MAX Executive Realty represented the buyer. Both parties played a crucial role in the successful completion of this sale.
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