Updated Dec 22, 2023
Jin Wang Acquires Multifamily Property In Belmont, MA For $1.25M
68-70 Bartlett Ave, Belmont, MA, USA
$1,248,725
$586/SF
Building Size
2,128 SF
Asset Type
MultiFamily
Closing
Oct 4, 2021
About this deal
AI
The multifamily property located at 68-70 Bartlett Ave, Belmont, MA was recently sold on 10/04/2021. The sale was facilitated by Sandra Saia & Lorie Glantz, as seen in the image shared on Instagram.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $1,248,725
- Square Footage: 2,128
- Price per Square Foot: $587
- Market: Belmont, MA
Jin Wang of Wang & Associates represented the buyer in this transaction, while the seller was represented by Top Home Team from Coldwell Banker Realty.
These individuals and companies played crucial roles in the deal, ensuring a successful sale of the multifamily property on Bartlett Ave in Belmont, MA.
Players
Belmont MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jin Wang to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.70%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93