Updated Dec 4, 2024
Regatta Realty Acquires Multifamily Property In Arlington For $1.135M
69 Freeman Street
$1,135,000
$459/SF
Building Size
2,473 SF
Asset Type
MultiFamily
Closing
Oct 6, 2023
About this deal
AI
A multifamily property located at 69 Freeman Street in Arlington, MA, has been sold for a total price of $1,135,000. The property spans across 2,473 square feet, resulting in a price-per-square-foot of $459. The transaction was facilitated by buyer's representative Anthony Zarbano from Regatta Realty and seller's representative Pamela Ford from Keller Williams Realty Boston Northwest.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,135,000
- Property Square Footage: 2,473
- Price Per Square Foot: $459
- Address: 69 Freeman Street, Arlington, MA
- Market: Arlington, MA
- Buyer's Representative: Anthony Zarbano from Regatta Realty
- Seller's Representative: Pamela Ford from Keller Williams Realty Boston Northwest
Anthony Zarbano from Regatta Realty represented the buyer in this transaction, while Pamela Ford from Keller Williams Realty Boston Northwest acted as the seller's representative. The successful sale of this multifamily property showcases the expertise and professionalism of both parties involved.
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
13.98%
Cash-on-Cash
-3.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93