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72-74 Baker St, Belmont, Ma...

Belmont Multifamily Sold For $1.01M With Buyer's Rep Huihua Huang & Seller's Rep Peter Bouchie
SOLDMultiFamily

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

Huihua Huang

Broker

$2.1M

vol

2 deals

Broker

Belmont 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

15.71%

Cash-on-Cash

-4.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93