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69 Freeman Street

Updated Dec 4, 2024

Regatta Realty Acquires Multifamily Property In Arlington For $1.135M
SOLDMultiFamily

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

Pamela Ford

Keller Williams Realty

Broker

$1.1M

vol

1 deal

Broker

Arlington MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $459 per square foot on a published $1.1M for 2,473 square feet (2023).

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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

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