Updated Dec 20, 2023
Douglas Elliman Acquires Multifamily Property In Arlington For $1.33M
72 Walnut Street, Arlington, Massachusetts, USA
$1,330,000
$296/SF
Building Size
4,486 SF
Asset Type
MultiFamily
Closing
Mar 21, 2021
About this deal
AI
A multifamily property located at 72 Walnut Street in Arlington, MA has recently been sold for $1,330,000. The property spans a total area of 4,486 square feet, resulting in a price per square foot of $296.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,330,000
- Address: 72 Walnut Street, Arlington, MA
- Market: Arlington, MA
- Seller's Representative: Darin Thompson - Stuart St James, Inc.
- Buyer's Representative: Mario Massimino Team - Douglas Elliman Real Estate
The sale was facilitated by Darin Thompson from Stuart St James, Inc., representing the seller, and the Mario Massimino Team from Douglas Elliman Real Estate, representing the buyer.
Players
Arlington 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
11.93%
Cash-on-Cash
-3.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93