Belmont Multifamily Sells For $1.27M With Buyer's Rep Maggie Dee & Seller's Rep Barber Real Estate Group
67-69 Dalton Rd, Belmont, Massachusetts, USA
$1,274,000
$424/SF
Building Size
3,000 SF
Asset Type
MultiFamily
Closing
Apr 11, 2021
AI
Located in Belmont, MA, the multifamily property at 67-69 Dalton Rd recently changed hands in a closed transaction. The property, spanning approximately 3,000 square feet, was sold for a total of $1,274,000, resulting in a price per square foot of $425.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,274,000
- Address: 67-69 Dalton Rd, Belmont, MA
- Market: Belmont, MA
Representing the seller was Barber Real Estate Group from William Raveis R.E. & Home Services, while the buyer was represented by Maggie Dee from Compass.
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
12.45%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93