Prevu Real Estate LLC Acquires Multifamily Property In Belmont, MA For $1.46M
SOLD
$1,466,000
Massachusetts
See Similar DealsMultiFamily3,080 SF
Sold 12/17/2021
SOLD
Prevu Real Estate LLC Acquires Multifamily Property In Belmont, MA For $1.46M
84 Fairview Avenue, Belmont, Massachusetts 02478, United States
See Similar DealsMultiFamily3,080 SF
Sold 12/17/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$476
Total Square Footage:3,080 SF
Transaction Type:Sale
Located at 84-86 Fairview Ave in Belmont, MA, this multifamily property recently changed hands in a sale transaction. The property spans 3,080 square feet and was sold for a total price of $1,466,000, resulting in a price per square foot of $476.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $1,466,000
- Square Footage: 3,080
- Price per Square Foot: $476
- Address: 84-86 Fairview Ave, Belmont, MA
- Market: Belmont, MA
The buyer in this transaction was represented by Gregory Cumings from Prevu Real Estate LLC, while the seller was represented by Abigail Jacobs from Lamacchia Realty.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$78,186.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,208.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,949.59
Annual Debt Service$83,395.06
Is there something missing? Send suggestions