Leverage Real Estate Group Facilitates $1.15M Sale Of Multifamily Property In Arlington, MA
SOLD
$1,150,000
Massachusetts
See Similar DealsMultiFamily2,376 SF
Sold 01/31/2022
SOLD
Leverage Real Estate Group Facilitates $1.15M Sale Of Multifamily Property In Arlington, MA
70 Oxford Street, Arlington, Massachusetts 02474, United States
See Similar DealsMultiFamily2,376 SF
Sold 01/31/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$484
Total Square Footage:2,376 SF
Transaction Type:Sale
The multifamily property located at 70-72 Oxford St in Arlington, MA has been sold for a total of $1,150,000. The property spans 2,376 square feet, resulting in a price per square foot of $484.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Date: 01/31/2022
- Address: 70-72 Oxford St, Arlington, MA
- Market: Arlington, MA
The buyer's representative in this transaction was Charles Aydin from Leverage Real Estate Group, while the seller's representative was Judy Weinberg from Leading Edge Real Estate.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04
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