Updated Dec 19, 2023
Horvath & Tremblay Brokers Secure $3.3M Sale Of Multifamily Property In Waltham, MA
9-19 Brown Street, Waltham, Massachusetts, USA
$3,300,000
$515/SF
Building Size
6,399 SF
Asset Type
MultiFamily
Closing
Apr 1, 2021
About this deal
AI
The multifamily property located at 9-19 Brown Street in Waltham, MA has been sold for $3,300,000. The transaction took place on April 2, 2021. The property spans a total of 6,399 square feet, resulting in a price per square foot of $516. It comprises 9 units, with an average price per unit of $366,667.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $3,300,000
- Square Footage: 6,399
- Price Per Square Foot: $516
- Number of Units: 9
- Price Per Unit: $366,667
The sale was facilitated by Dennis Kelleher & John Pentore of Horvath & Tremblay, who served as the brokers in the transaction.
Players
Waltham 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93