Judy Weinberg & Philip Chaves Sell Multifamily Property In Arlington, MA For $1.12M
SOLD
$1,120,000
Massachusetts
See Similar DealsMultiFamily2,525 SF
Sold 03/17/2021
SOLD
Judy Weinberg & Philip Chaves Sell Multifamily Property In Arlington, MA For $1.12M
86-88 Chandler Street, Arlington, MA, USA
See Similar DealsMultiFamily2,525 SF
Sold 03/17/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$443
Total Square Footage:2,525 SF
Transaction Type:Sale
A multifamily property located at 86-88 Chandler Street in Arlington, MA was recently sold for a price of $1,120,000. The property spans 2,525 square feet, resulting in a price per square foot of $444. The sale took place on March 17, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,120,000
- Address: 86-88 Chandler Street
- Market: Arlington, MA
Judy Weinberg from Leading Edge Real Estate represented the seller in this transaction, while Philip Chaves from Coldwell Banker Realty - Arlington acted as the buyer's representative.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$59,733.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,979.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,309.37
Annual Debt Service$63,712.46
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