Andrew Sarno's RE/MAX Andrew Realty Acquires Multifamily Property In Arlington, MA For $1.455M
SOLD
Massachusetts
See Similar DealsMultiFamily3,260 SF
Sold 01/14/2022
SOLD
Andrew Sarno's RE/MAX Andrew Realty Acquires Multifamily Property In Arlington, MA For $1.455M
72 Everett Street, Arlington, Massachusetts 02474, United States
See Similar DealsMultiFamily3,260 SF
Sold 01/14/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$446
Total Square Footage:3,260 SF
Transaction Type:Sale
The multifamily property located at 72 Everett St in Arlington, MA has been sold for $1,455,000. The property spans 3,260 square feet, resulting in a price per square foot of $446.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,455,000
- Address: 72 Everett St, Arlington, MA
- Market: Arlington, MA
- Buyer's Representative: Andrew Sarno - RE/MAX Andrew Realty Services
- Seller's Representative: Preeti Walhekar - Keller Williams Realty Boston Northwest
Andrew Sarno from RE/MAX Andrew Realty Services served as the buyer's representative in the transaction while Preeti Walhekar from Keller Williams Realty Boston Northwest acted as the seller's representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$77,599.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,169.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,897.44
Annual Debt Service$82,769.31
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