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86-88 Rawson Road

Matt Zborezny Acquires Multifamily Property In Arlington For $1.21M
SOLDMultiFamily

Matt Zborezny Acquires Multifamily Property In Arlington For $1.21M

86-88 Rawson Road

$1,210,000

$520/SF

Building Size

2,327 SF

Asset Type

MultiFamily

Closing

Jun 19, 2024

AI

A multifamily property located at 86-88 Rawson Road in Arlington, MA, was recently sold for $1.21 million. The property comprises two units and spans 2,327 square feet with a price per unit of $605,000. It offers bright rooms with hardwood floors and ample outdoor space, suitable for a variety of uses including rental income, multi-generational living, or conversion to condominiums.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,210,000
  • Units: 2
  • Price Per Unit: $605,000
  • Square Footage: 2,327
  • Price Per Square Foot: $520
  • Address: 86-88 Rawson Road, Arlington, MA
  • Market: Arlington, MA

The buyer's representative in this transaction was Matt Zborezny from Redfin, while the seller's representative was Lisa Berry from Simply Sell Realty.

Players

Lisa Berry

Broker

$2.3M

vol

2 deals

Broker

Arlington MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.11%

Cash-on-Cash

-3.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93