Belmont Multifamily Sold For $1.01M With Buyer's Rep Huihua Huang & Seller's Rep Peter Bouchie
SOLD
Massachusetts
See Similar DealsMultiFamily2,208 SF
Sold 09/10/2021
SOLD
Belmont Multifamily Sold For $1.01M With Buyer's Rep Huihua Huang & Seller's Rep Peter Bouchie
72-74 Baker St, Belmont, Massachusetts, USA
See Similar DealsMultiFamily2,208 SF
Sold 09/10/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$457
Total Square Footage:2,208 SF
Transaction Type:Sale
A multifamily property located at 72-74 Baker St in Belmont, MA has been sold for a total price of $1,010,000. The property spans 2,208 square feet, resulting in a price per square foot of $457.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,010,000
- Date: 09/10/2021
- Address: 72-74 Baker St
- Market: Belmont, MA
The buyer's representative in the deal is Huihua Huang from Feng Shui Realty, while the seller's representative is Peter Bouchie from Coldwell Banker Realty - Belmont.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,588.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,787.92
Annual Debt Service$57,454.98
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