Belmont Multifamily Sold For $1.01M With Buyer's Rep Huihua Huang & Seller's Rep Peter Bouchie
72-74 Baker St, Belmont, Massachusetts, USA
$1,010,000
$457/SF
Building Size
2,208 SF
Asset Type
MultiFamily
Closing
Sep 10, 2021
AI
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.
Players
Belmont MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.71%
Cash-on-Cash
-4.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93