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9 Floyd Street

Keller Williams Acquires Multifamily Property In Waltham, MA For $1.3M
SOLDMultiFamily

Keller Williams Acquires Multifamily Property In Waltham, MA For $1.3M

9 Floyd Street

$1,325,000

$362/SF

Building Size

3,654 SF

Asset Type

MultiFamily

Closing

Oct 2, 2023

AI

A multifamily property located at 9 Floyd Street in Waltham, Massachusetts, was sold for a total of $1,325,000. The property spans 3,654 square feet and was sold at an average price of $363 per square foot.

Summary of transaction details

The buyer in this transaction was represented by Adriano Varano of Keller Williams, while Gary J. Marchese of Marchese Realty Group acted as the seller's representative.

Players

Adriano Varano

Keller Williams Realty

Broker

$5.9M

vol

4 deals

Broker

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

11.97%

Cash-on-Cash

-3.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93