Updated Dec 19, 2023
Aikenhead Real Estate Acquires Multifamily Property On Lakehill Avenue In Arlington For $1.2M
9 Lakehill Ave #11, Arlington, MA 02474, USA
$1,205,000
$527/SF
Building Size
2,286 SF
Asset Type
MultiFamily
Closing
Mar 29, 2021
About this deal
AI
Located at 9-11 Lakehill Avenue in Arlington, MA, this multifamily property was recently sold. The sale was facilitated by Nellie Aikenhead from Aikenhead Real Estate, Inc.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,205,000
- Square Footage: 2,286
- Price Per Square Foot: $527
The property was sold for a total of $1,205,000, with a square footage of 2,286. The price per square foot was $527. Nellie Aikenhead from Aikenhead Real Estate, Inc. represented the parties involved in the transaction.
Arlington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Nellie Aikenhead to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.16%
Cash-on-Cash
-3.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93