facebook
Traded Co logo
Submit
Daily limit: 0/10

Wendy Wang Of Downtown Boston Real Estate Represents Buyer In 1.22M Arlington Multifamily Sale

Property Image
SOLD
$1,220,000

Massachusetts

See Similar Deals
MultiFamily2,682 SF
Sold 08/23/2024
the dealplayerscompscontact
Property Image
SOLD

Wendy Wang Of Downtown Boston Real Estate Represents Buyer In 1.22M Arlington Multifamily Sale

67 Egerton Road

See Similar Deals
MultiFamily2,682 SF
Sold 08/23/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$454
Total Square Footage:2,682 SF
Transaction Type:Sale

A multifamily property located at 67-69 Egerton Road in Arlington, MA has been sold for $1,220,000. The asset consists of two units with a total of 5 bedrooms and encompasses 2,682 square feet, leading to a price per unit of $610,000 and a price per square foot of $455. The property features natural woodwork, hardwood floors, and includes a two-car garage, situated near significant amenities such as the Minuteman Bike Path and Alewife red line.

Summary of transaction details:

The transaction involved Wendy Wang representing the buyer and Doug Dodge representing the seller. The property was owned by the same family for over 50 years before the sale took place.

Players

3 deals$4M volume(617) 959-5368
BROKER

Details

SOLD
IMAGE: Wendy Wang & Doug Dodge DATE: 08/23/2024 ADDRESS: 67-69 Egerton Road MARKET: Arlington, MA ASSET TYPE: Multifamily BUYER'S REP: Wendy Wang - Downtown Boston Real Estate SELLER'S REP: Doug Dodge - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,220,000 UNITS: 2 ~ PPU: $610,000 SF: 2,682 ~ PPSF: $455 NOTE: A two-family home at 67-69 Egerton in East Arlington sold for $1.22 million. The property, owned by the same family for over 50 years, features two units with a total of 5 bedrooms, natural woodwork, hardwood floors, and a two-car garage, located near key amenities like the Minuteman Bike Path and Alewife red line.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$65,066.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,334.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,783.42
Annual Debt Service$69,401.07